On Monday, May 12, 2025, gold prices in Pakistan experienced a significant decline, mirroring the downturn in international markets. The price of 24-karat gold per tola dropped to Rs. 347,800, down from Rs. 362,500 on May 11, 2025, marking a decrease of Rs. 14,700. Similarly, the price for 10 grams of gold decreased by Rs. 13,350, settling at Rs. 348,150 from Rs. 362,500 on the previous day.
Market Overview
The decline in local gold prices followed a global decrease in gold rates. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the international gold rate fell to $3,221 per ounce, a decrease of $104 during the day. This drop in international prices typically affects local gold markets, leading to similar reductions in domestic gold prices.
| Metal | Unit | Price (PKR) | Change (PKR) |
|---|---|---|---|
| Gold | Per Tola | 347,800 | -14,700 |
| Gold | Per 10 Grams | 348,150 | -13,350 |
| Silver | Per Tola | 3,400 | -17 |
Silver Prices
In addition to gold, silver prices also saw a decline. The price of silver per tola shed Rs. 17, dropping to Rs. 3,400.
Also Read Find Your Perfect Ride at the Suzuki Used Car Gala 2025 in Wah Cantt
Market Trends and Investor Sentiment
The decline in gold prices reflects broader market adjustments. As global economic conditions fluctuate, investors often reassess their portfolios, leading to changes in demand for precious metals like gold and silver. While gold is traditionally viewed as a safe-haven asset during times of uncertainty, its prices can be influenced by various factors, including shifts in investor sentiment and changes in the global economic landscape.
The recent decline in gold and silver prices in Pakistan mirrors global market trends. As international economic conditions evolve, local markets may continue to experience fluctuations in precious metal prices. Investors and consumers should stay informed about these changes to make well-informed decisions regarding their investments and purchases.
