Gold prices in Pakistan experienced a decline on Thursday, influenced by global market trends and local economic factors.
As of May 23, 2025, the price of 24-karat gold per tola dropped to Rs347,500 from Rs349,400 recorded in the previous session. Similarly, 10 grams of 24-karat gold fell by Rs1,629, now valued at Rs297,925 compared to Rs299,554 earlier.
Read more: Gold Prices Surge: 24K Hits New High Amid Market Uncertainty
The price of 22-karat gold also saw a decrease, with 10 grams now selling at Rs273,107, down Rs1,494 from Rs274,601.
Silver prices followed the downward trend, with the rate for one tola declining by Rs38 to Rs3,428, and 10 grams reducing by Rs33 to Rs2,938.
Analysts link the drop in precious metal prices to ongoing economic uncertainties and inflationary pressures, despite gold and silver remaining favored safe-haven assets amidst currency instability and financial market fluctuations.
| Metal | Unit | New Price (Rs) | Previous Price (Rs) |
|---|---|---|---|
| Gold (24K) | 1 Tola | 347,500 | 349,400 |
| Gold (24K) | 10 Grams | 297,925 | 299,554 |
| Gold (22K) | 10 Grams | 273,107 | 274,601 |
| Silver | 1 Tola | 3,428 | 3,466 |
| Silver | 10 Grams | 2,938 | 2,971 |
