Rates

Gold Price Update: Closing Rates in Pakistan – Tuesday, April 29, 2025

As of the close of trading on Tuesday, April 29, 2025, gold prices in Pakistan have experienced a notable decline, influenced by international market trends and local economic factors.​


📉 Today’s Closing Gold Rates in Pakistan

Gold PurityPrice per Tola (PKR)Price per 10 Grams (PKR)
24 Karat366,800314,480
22 Karat336,231288,271

Sources: SilverPrice.pk, Daily Pakistan


🌐 International Market Overview

In the international market, spot gold prices have decreased by 0.6%, settling at approximately $3,297.10 per ounce. This downward trend is attributed to easing geopolitical tensions and optimism surrounding global trade developments. ​The Express Tribune


🔍 Factors Influencing the Price Drop

  • Global Market Correction: The decline in international gold prices has directly impacted local rates in Pakistan.​
  • Currency Fluctuations: Stabilization of the Pakistani Rupee against the US Dollar has contributed to the decrease in gold prices domestically.​
  • Investor Sentiment: Reduced demand for gold as a safe-haven asset amid positive economic indicators has led to a decrease in prices.​

🔮 Outlook

Market 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

Recent Posts

What Is a Crypto Trading Journal and Why Every Trader Needs One

Discover how a crypto trading journal can improve your performance, track mistakes, and boost consistency…

4 hours ago

Exploring 3 Alternative Pivot Point Methods

While the standard pivot point formula is the most commonly used, it’s not the only…

6 hours ago

3 Must-Know Risk Management Strategies for New Crypto Traders

Learn 3 proven risk management strategies for crypto trading beginners to reduce losses and protect…

1 day ago

How to Use Pivot Points to Gauge Market Sentiment in Forex Trading

Pivot points aren’t just useful for spotting support and resistance — they’re also a powerful…

1 day ago

How to Use Technical Analysis When Trading Crypto

If you’ve already identified a crypto trade idea using fundamental analysis, the next step is…

2 days ago

How to Use Pivot Points to Trade Breakouts (Like a Pro)

Pivot points can be powerful tools in your trading toolbox — not just for range…

2 days ago