On Wednesday, April 23, 2025, gold prices in Pakistan experienced a significant decline, marking one of the most substantial single-day drops in recent history. This downturn follows a period of record highs in both local and international markets.
📉 Today’s Closing Gold Rates in Pakistan
| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24 Karat | 352,000 | 301,783 |
| 22 Karat | 322,333 | 276,635 |
Source: Samaa TV
🌐 International Market Overview
In the global bullion market, gold prices fell by $116 per ounce, settling at $3,338. This decline is attributed to easing geopolitical tensions and profit-taking by investors following a sustained rally.
📊 Comparison with Previous Day’s Prices
| Gold Purity | Previous Close (PKR) | Today’s Close (PKR) | Change (PKR) |
|---|---|---|---|
| 24 Karat | 363,700 | 352,000 | -11,700 |
| 22 Karat | 334,058 | 322,333 | -11,725 |
Source: Samaa TV
🔍 Factors Influencing the Price Drop
- Global Market Correction: After reaching record highs, gold prices faced a correction due to reduced safe-haven demand as geopolitical tensions showed signs of easing.
- Profit-Taking: Investors capitalized on the recent surge in gold prices, leading to increased selling pressure.
- Currency Fluctuations: Stabilization of the Pakistani Rupee against the US Dollar contributed to the decrease in local gold prices.
🔮 Outlook
Market analysts suggest that gold prices may continue to experience volatility in the coming days. Investors are advised to monitor global economic indicators and geopolitical developments closely.
Please note that gold prices are subject to rapid changes due to market volatility. Regularly check for the latest rates and consult with financial experts before making investment decisions.
For more detailed information and regular updates on gold prices, visit Samaa TV.