Thursday, April 10, 2025 – Gold prices in Pakistan witnessed another modest decline by the end of the trading day, marking a continuation of the correction phase that started earlier this week. The drop is largely attributed to profit-taking in international markets and a mild recovery in the U.S. dollar, which eased safe-haven demand for gold globally.
📊 Today’s Closing Gold Rates in Pakistan
| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24 Karat | 315,800 | 270,760 |
| 22 Karat | 289,483 | 248,193 |
🟡 Source: Karachi Sarafa Market – April 10, 2025 (Closing Rates)
Prices are issued by the All Pakistan Gems and Jewellers Association.
🌍 International Gold Market Recap
Gold prices in the international market also closed lower today. Spot gold dipped to around $2,995 per ounce, down nearly $10 from the previous session. Key influencing factors include:
- Stronger-than-expected U.S. employment data
- A rebound in the dollar index
- Reduced fears of near-term interest rate cuts by the Fed
This global pressure was reflected in the local Pakistani bullion market.
📉 Comparison with Today’s Opening Rates
- Opening Price (24K per tola): PKR 316,500
- Closing Price (24K per tola): PKR 315,800
🔻 Net decrease: PKR 700 per tola - 10 Gram 24K: Dropped from PKR 271,361 to 270,760
The gold market remained range-bound throughout the day, with low volatility and limited buying activity.
🔮 Forecast for the Coming Days
Analysts expect the gold market in Pakistan to remain sensitive to:
✅ International gold trends
✅ USD to PKR exchange rate
✅ Market speculation around U.S. monetary policy
✅ Local buying ahead of Eid-related demand
📌 Price Outlook (Short-term): Slightly Bearish
📌 Key Support Level: PKR 314,000 per tola
📌 Resistance Level: PKR 318,500 per tola
📌 Investor Insight
💼 For Investors: Consider waiting for a more decisive trend before taking fresh positions.
💍 For Buyers: If buying for jewelry, now may be a good opportunity before Eid demand spikes rates again.
📢 Stay updated with real-time gold prices, forecasts, and expert insights at www.dailyforex.pk – Pakistan’s trusted source for market news.