Gold prices in Pakistan experienced a downward shift on May 17, 2025, reflecting recent global market movements. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), both per tola and 10-gram rates declined, signaling relief for buyers and investors watching international trends.
Domestic Market Rates
As per APGJSA, the price of 24-karat gold per tola fell by Rs6,700, bringing the new rate to Rs335,200. Meanwhile, 10 grams of 24-karat gold saw a reduction of Rs5,745, settling at Rs287,379. This sharp drop follows a pattern seen in the last few sessions and is closely tied to changes in the international gold market.
Read: Gold Price in Pakistan Sees Significant Drop on May 16
International Gold Market Impact
In the global market, gold rates dropped by $67 per ounce, pulling the international price to $3,168 per ounce. This significant adjustment impacted local pricing, as Pakistan’s gold trade aligns heavily with global fluctuations in the metal’s value. Currency exchange variations and investor sentiment continue to shape domestic pricing trends.
Investment Perspective
The current decrease may offer a potential buying window for investors looking to purchase gold at relatively lower rates. With ongoing geopolitical uncertainty and economic shifts worldwide, analysts suggest keeping a close eye on international indicators.
Consumer Considerations
Jewellers and market analysts suggest that while rates have dropped, volatility remains high. Buyers are advised to compare rates and make informed decisions based on both local and international movements.
The gold market in Pakistan remains responsive to international events, making daily updates crucial for stakeholders across the jewelry, investment, and trading sectors.
Follow us on Google News, Instagram, YouTube, Facebook,Whats App, and TikTok for latest updates
