Gold Prices in Pakistan Today, April 28, 2025
Staff Report
ISLAMABAD: All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) has announced new rates of gold in Pakistan today, on April 28, 2025.
Gold prices witnessed a substantial decline on Friday after a price hike during the recent week, both in the international and local markets. The gold rate in Pakistan has been the same on April 27, 2025, and there will be a change on Monday, April 28, 2025.
Global Market Correction Impacts Local Bullion
In the international bullion market, gold prices have witnessed a decline of $33 per ounce, which has brought the price down to $3,305. This correction in global prices has also resulted in a drop in the domestic market.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola in Pakistan dropped by Rs3,300, setting at Rs348,700. The rate of 10-gram gold also dropped by Rs 2,833 to Rs 298,950.
Decline in Silver Prices
Silver rates in Pakistan have also witnessed the downward trend:
- Silver per tola price was down by Rs40 to Rs3,497
- The price of silver per 10 grams was also reduced by Rs35 to Rs2,998
Market Volatility and Analyst Commentary
Analysts have attributed the decline to a mix of profit-taking by investors and stabilisation in global demand in the wake of months of sustained gains. Traders have anticipated a continued volatility in the bullion market, which is driven by key indicators.
- U.S. inflation data
- Dollar index movement
- Interest rate outlook from the Federal Reserve
“Gold prices had been on the rise due to geopolitical tensions and inflation concerns. However, a pause in central bank buying and easing global demand has led to introducing corrective pressure,” said a Karachi-based bullion dealer.
Current Gold Prices in Major Pakistani Cities
| City | Gold (24K per tola) | 10g Gold Price |
|---|---|---|
| Karachi | Rs348,700 | Rs298,950 |
| Lahore | Rs348,700 | Rs298,950 |
| Islamabad | Rs348,700 | Rs298,950 |
| Peshawar | Rs348,700 | Rs298,950 |
| Quetta | Rs348,700 | Rs298,950 |
For daily updates, you can also check the official rates published by APGJSA and Forex.pk.
What’s Next for Gold in Pakistan?
As the international gold market is reacting to macroeconomic cues, experts have advised local investors to watch key components that also impact gold prices:
- Fed interest rate decisions
- Oil price fluctuations
- Pakistan’s foreign exchange reserves and currency stability
The ongoing volatility has offered opportunities for both short-term traders and long-term investors. But you should be cautious amid unpredictable global trends.
Read More: Gold Price in Pakistan on April 23, 2025
