Gold prices in Pakistan witnessed another decline on Friday, aligning with downward trends in the global bullion market.
According to data released by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola dropped by Rs700, settling at Rs348,600. Similarly, the price of 10 grams of gold fell by Rs599 to reach Rs298,868.
Read more: Gold Prices Take a Sharp Dip for Second Straight Day
Gold & Silver Rates (May 31, 2025):
| City | Gold (Per Tola) | Silver (Per Tola) |
|---|---|---|
| Karachi | Rs348,600 | Rs3,380 |
| Lahore | Rs348,600 | Rs3,380 |
| Islamabad | Rs348,600 | Rs3,380 |
| Peshawar | Rs348,600 | Rs3,380 |
| Quetta | Rs348,600 | Rs3,380 |
| Sialkot | Rs348,600 | Rs3,380 |
| Hyderabad | Rs348,600 | Rs3,380 |
| Faisalabad | Rs348,600 | Rs3,380 |
The recent drop follows a day of stability in local markets, where gold rates had remained unchanged despite ongoing volatility. Internationally, gold also declined, shedding $7 to trade at $3,302 per ounce.
This fall in prices reflects broader changes in the global economic landscape and fluctuating investor confidence, which continue to shape both local and international precious metals markets.
