Gold Prices In Pakistan: The woes in Pakistan deepened despite the ceasefire agreement with India. After taking a massive hit by an earthquake, matters worsened as the province of Balochistan intensified its bombardment on the Pakistani Army. Now, the Baloch national leaders have declared Independence from Pakistan, which has gained massive traction. Following this, the prices of gold in Pakistan have crashed.
Gold Rates In Pakistan:
The price of gold in Pakistan traded at 885,016.83 per ounce in Pakistani rupees, dropping by PKR 13,581.99, or 1.51%. Meanwhile, silver declined by 136.96 PKR, or 1.51%, to 8,962.78 PKR, as per Gold Price Org.
It needs to be noted that Pakistani gold rates have been under pressure for the past thirty days. During this period, the yellow metal plunged by PKR 34,536.80, or 3.70%.
Meanwhile, in the retail shops, the 24K gold rate is at 293,640, at 269,170 in 22K, at 256,935 in 21K, and at 220,230 in 18K per 10 grams in Pakistan rupees.
According to Sarmaaya, a Pakistani website for gold rates, the price of one gram of gold is 29,364 PKR for 24 carat, 26,917 PKR for 22 carat, 25,693.500 PKR for 21 carat, and 22,023 PKR for 18 K.
Furthermore, the 24-carat gold price is 342,500 PKR per tola, 313,958.333 PKR in 22 carat, 299,687.500 PKR in 21 carat, and at 256,875 PKR in 18 carat in per tola.
Lastly, a single ounce of the gold price is 832,275 PKR for 24 carats, 762,918.750 PKR for 22 carats, 728,240.625 PKR for 21 carats, and 624,206.250 PKR for 18 carats.
Pakistan-Balochistan Tension:
On May 14, Baloch representative Mir Yar Baloch declared the Republic of Balochistan from Pakistan. Balochistan has put three demands forth, recognition of Independence, the official embassy in Delhi, and a halt in global funding for Pakistan.
Also, Hyrbyair Marri, a Baloch pro-independence leader, said, "If Afghanistan and India want to checkmate Pakistan and its army, then they should support Balochistan's independence movement."
What Is The Conflict Between Pakistan And Balochistan:
Though Balochistan is the largest province in Pakistan by land, it's least populated and least developed despite being rich in natural resources like gas, minerals, coal and livestock among others. The Armed groups of Balochistan demand greater control of the province's natural resources and political autonomy.
Baloch separatists argue they are economically marginalised and poor compared to the rest of Pakistan. The Balochistan Liberation Army, designated as a terrorist organisation by Pakistan, the United Kingdom and the United States, is the most widely known Baloch separatist group. Since 2000 it has conducted numerous deadly attacks on Pakistani military troops, police, journalists, civilians and education institutions. Other separatist groups include Lashkar-e-Balochistan and the Balochistan Liberation United Front, as per Wikipedia.
Over the years, Baloch armed forces have attacked Pakistan, but recently the action has escalated. Earlier in March 2025, a Pakistani passenger train, Jaffer Express with 380 passengers, was hijacked by the BLA (Balochistan Liberation Army).
After India-Pakistan ceasefire, as per reports, Baloch forces have claimed to have carried 71 coordinated attacks at 51 locations of Pakistan.
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