Rates

Gold Price Update: Opening Rates in Pakistan – Wednesday, April 23, 2025

As of April 23, 2025, gold prices in Pakistan have reached new highs, reflecting significant movements in the international market, compare to yesterday’s rate. Investors, jewelers, and consumers should take note of these changes to make informed decisions. Below is a comprehensive overview of today’s opening gold rates, contributing factors, and insights into market trends.


Today’s Opening Gold Rates in Pakistan

Gold PurityPrice per Tola (PKR)Price per 10 Grams (PKR)
24 Karat390,000334,370
22 Karat357,500306,506

Sources: Sarmaaya.pk, 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 379,000 to PKR 390,000.
    • Price per 10 Grams: Increased from PKR 324,940 to PKR 334,370.​
  • 22 Karat Gold:
    • Price per Tola: Increased from PKR 347,394 to PKR 357,500.
    • Price per 10 Grams: Increased from PKR 297,860 to PKR 306,506.​

Sources: UrduPoint, Sarmaaya.pk


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 Sarmaaya.pk and UrduPoint.

Yasher Rizwan

Recent Posts

EUR/USD Slips Toward 1.1600 as Traders Eye US-EU Trade Deadline and Fed Policy Signals

EUR/USD edges lower toward 1.1600 as markets focus on the looming US-EU trade deadline and…

5 hours ago

Gold Price Holds Steady Near $3,350 as Tariff Deadline Spurs Safe-Haven Demand

Gold price remains steady near $3,350 as investors seek safety ahead of a key tariff…

6 hours ago

AUD/USD Rebounds Amid Fed Dovishness and Weak U.S. Dollar – Can the Rally Last?

AUD/USD rises as the U.S. Dollar softens on dovish Fed signals, but questions remain over…

7 hours ago

Top 3 Crypto Price Predictions: Bitcoin Stalls, While Ethereum and Ripple Gear Up for Breakouts

Bitcoin pauses near resistance, while Ethereum and Ripple show bullish setups hinting at potential breakouts…

9 hours ago

Silver Price Forecast: Reversal Pattern Signals Possible Pullback Near 14-Year High

Silver nears a 14-year high but shows signs of a reversal pattern, suggesting a potential…

11 hours ago

USD/JPY and AUD/USD Outlook: Trade Talks and China Stimulus in Spotlight

USD/JPY and AUD/USD traders eye progress in trade negotiations and potential China stimulus measures that…

13 hours ago