Rates

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

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.

Yasher Rizwan