Gold prices drop in Pakistan for the second straight session – Latest rates on 28 May 2025
ISLAMABAD – Gold prices in Pakistan witnessed a second consecutive decline on 28 May 2025, following a downward trend in the international market. In the local bullion market, the price of 24K gold per tola dropped by Rs3,600, settling at Rs347,900.
The decline is attributed to improving global risk sentiment after U.S. President Donald Trump postponed tariffs on the European Union, reducing safe-haven demand for gold.
📉 Gold Price Summary – 28 May 2025
- 24K Gold Price (Per Tola): Rs347,900
- Decrease: Rs3,600
- International Gold Price: $3,295 per ounce (includes $20 premium)
- Silver Price (Per Tola): Rs3,508 (No change)
📍 City-wise Gold & Silver Prices in Pakistan
City | Gold (24K per tola) | Silver (per tola) |
Karachi | Rs347,900 | Rs3,508 |
Lahore | Rs347,900 | Rs3,508 |
Islamabad | Rs347,900 | Rs3,508 |
Peshawar | Rs347,900 | Rs3,508 |
Quetta | Rs347,900 | Rs3,508 |
Sialkot | Rs347,900 | Rs3,508 |
Hyderabad | Rs347,900 | Rs3,508 |
Faisalabad | Rs347,900 | Rs3,508 |
📆 Gold Rates in Pakistan – Last 7 Sessions
Date | 24K Gold Price (Per Tola) |
30-April | Rs345,800 |
29-April | Rs349,200 |
28-April | Rs347,100 |
25-April | Rs348,700 |
24-April | Rs352,000 |
23-April | Rs352,000 |
22-April | Rs363,700 |
📌 Market Insight
Experts suggest that the latest price drop is a response to easing geopolitical tensions and a stronger U.S. dollar, which has reduced investor demand for gold as a hedge. Analysts will be watching closely for upcoming economic data and global trade developments that may impact future price trends.
Stay tuned to this space for daily updates on gold and silver rates across Pakistan.