The gold price in Pakistan today remained largely unchanged on Friday, according to the latest figures from FXStreet. Market data showed that gold prices were stable in local markets, reflecting minimal movement in international rates and steady USD/PKR exchange values.
Current Gold Rates in Pakistan
On April 18, 2025, the price of gold per gram in Pakistan stood at PKR 30,018.29. This rate mirrored Thursday’s pricing, indicating no change. Similarly, the price of one tola of gold remained stable at PKR 350,127.50.
Here’s a quick breakdown of gold rates:
-
1 Gram: PKR 30,018.29
-
10 Grams: PKR 300,183.00
-
1 Tola: PKR 350,127.50
-
1 Troy Ounce: PKR 933,674.10
This stability comes after several weeks of fluctuations driven by shifts in international gold demand and economic indicators from the United States.
Read: Pakistan Hits Record $1.2B Current Account Surplus in March
Global Influences on Gold Movement
Despite the steady local prices, global market dynamics played a significant role in gold’s valuation. U.S. Treasury yields rose slightly, with the 10-year yield climbing five basis points to 4.333%. Similarly, real yields on inflation-protected securities edged up to 2.163%. Typically, higher yields make gold less attractive as a non-yielding asset, putting downward pressure on prices globally.
However, these changes were not strong enough to cause notable ripples in Pakistan’s local market, at least for now.
U.S. Economic Data Weighs In
Recent U.S. economic figures have added complexity to the gold outlook. Initial jobless claims for the week ending April 12 dropped to 215,000, below the forecast of 225,000. This data points to a resilient labor market, which can impact Federal Reserve decisions on interest rates—further influencing gold prices.
Building permits, a key indicator of future construction activity, rose 1.6% to 1.482 million, surpassing expectations. On the other hand, housing starts fell significantly to 1.324 million from 1.494 million, suggesting potential weakness in residential development.
These mixed signals contributed to cautious investor sentiment, keeping global gold prices from rising sharply despite ongoing macroeconomic shifts.
Market Outlook and Rate Cut Speculations
Looking ahead, money market analysts have priced in around 86 basis points in potential U.S. Federal Reserve rate cuts by the end of 2025. The first rate cut is expected by July. If this happens, it could reduce bond yields and make gold more appealing, possibly driving up prices both globally and locally.
For now, Pakistan’s gold prices continue to reflect international trends while being adjusted daily based on the USD/PKR exchange rate. While current rates are stable, upcoming global developments could shift the balance and influence future prices.
Local buyers and investors are advised to stay informed as even slight changes in global financial indicators or U.S. monetary policy could affect the cost of gold in Pakistan.
Follow us on Google News, Instagram, YouTube, Facebook,Whats App, and TikTok for latest updates
