Rates

Gold Price Update: Closing Rates in Pakistan – April 21, 2025

As of Monday, April 21, 2025, gold prices in Pakistan have reached new highs, reflecting significant movements in the international market. Investors, jewelers, and consumers should take note of these changes to make informed decisions. Below is a comprehensive overview of today’s closing gold rates, contributing factors, and insights into market trends.​


Today’s Closing Gold Rates in Pakistan

Gold PurityPrice per Tola (PKR)Price per 10 Grams (PKR)
24 Karat360,390308,976
22 Karat330,442283,228

Sources: Hamariweb, UrduPoint

These rates are provided by the Karachi Sarafa Bazar Association and reflect the latest market conditions.​


International Gold Market Overview

In the international market, gold prices have seen an increase. The price of gold per ounce is currently trading at approximately $2,336.​


Factors Influencing Gold Prices Today

Several key factors have contributed to the current surge in gold prices in Pakistan:

  1. International Market Trends: The rise in global gold prices directly impacts local rates. The recent uptrend in international prices has led to a corresponding increase in domestic gold prices.​
  2. Currency Exchange Rates: Fluctuations in the value of the Pakistani Rupee against the U.S. Dollar can significantly affect local gold prices. A weakening Rupee may contribute to higher gold prices domestically.​
  3. Local Demand and Supply: Variations in consumer demand, especially during peak seasons like weddings and festivals, can influence gold prices in the local market. An increase in demand typically leads to higher prices.​
  4. Economic Indicators: Global economic data, such as employment figures and inflation rates, can impact investor sentiment and, consequently, gold prices. Negative economic data may increase gold’s appeal as a safe-haven asset, leading to price increases.​

Comparison with Previous Day’s Prices

Compared to the previous day’s closing prices, today’s rates have shown an increase:​

  • 24 Karat Gold:
    • Price per Tola: Increased from PKR 357,900 to PKR 360,390.
    • Price per 10 Grams: Increased from PKR 306,850 to PKR 308,976.​Hamariweb.com
  • 22 Karat Gold:
    • Price per Tola: Increased from PKR 328,075 to PKR 330,442.
    • Price per 10 Grams: Increased from PKR 281,279 to PKR 283,228.​Hamariweb.com

Sources: Hamariweb, UrduPoint


Forecast for the Coming Days

Analysts suggest that gold prices may continue to experience fluctuations in the coming days. Factors such as global economic developments, currency exchange rate movements, and changes in local demand will play a crucial role in determining the direction of gold prices. Investors and traders are advised to stay informed about these factors and consult with financial experts before making investment decisions.​


Please note that gold prices are subject to rapid changes due to market volatility. Regularly check for the latest rates and seek professional advice when necessary.

For more detailed information and regular updates on gold prices, visit Daily Forex Pakistan.

Hamza Shah

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