Today’s Gold Rates in Pakistan: Latest Updates

Gold rates in Pakistan recorded a notable drop on Monday, as the price of 24-karat gold per tola declined by Rs1,600, now standing at Rs347,100 compared to Rs348,700 during the previous trading session, according to data from the All Pakistan Sarafa Gems and Jewelers Association.

Similarly, the price for 10 grams of 24-karat gold fell by Rs1,368, settling at Rs297,582, down from Rs298,950. Meanwhile, 10 grams of 22-karat gold dropped to Rs272,784 from its earlier rate of Rs274,047.

In contrast, silver prices remained stable, with per tola silver priced at Rs3,497 and 10 grams at Rs2,998.

On the international front, the global gold price also saw a decline, slipping by $16 to reach $3,289 from the previous $3,305. Silver prices in the global market stood at $32.97, as reported by the Association.

Gold Rates in Saudi Arabia

Meanwhile, gold prices in Saudi Arabia were also updated, with 24-karat gold being sold at 4,656 SAR per tola as of Monday, April 28, 2025. According to Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is priced at SAR 3,906, and an ounce of gold costs around 12,430 Saudi Riyal.

The latest market update was issued at 10:00 am on April 28, 2025, highlighting how global trends continue to impact local gold prices.

Global Factors Influencing Gold Prices

Gold, revered for centuries for its rarity, durability, and timeless appeal, remains a crucial asset in the global economy. It is widely recognized as a safe-haven investment, particularly during periods of economic instability.

Economic events, including fluctuations caused by Donald Trump’s trade war policies, have continued to trigger instability in gold rates worldwide. Investors and central banks often rely on gold to diversify their asset holdings and protect against inflation and currency shifts.

Read More: Gold Prices Drop Sharply in Pakistan – 25 April 2025