As of Thursday, April 24, 2025, gold prices in Pakistan have opened at PKR 379,000 per tola for 24-karat gold and PKR 347,394 per tola for 22-karat gold compared to yesterday. These rates reflect a recovery from the previous day’s significant decline, where prices dropped by PKR 11,700 per tola, marking one of the steepest single-day decreases in recent history. UrduPointThe News International
📈 Today’s Opening Gold Rates in Pakistan
| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24 Karat | 379,000 | 324,940 |
| 22 Karat | 347,394 | 297,860 |
Sources: UrduPoint, Sarmaaya.pk
🌐 International 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:
- 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.
- 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.
- 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.
- 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.
🔮 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.