Palladium Price Today in Pakistan and Market Update
The price of palladium in Pakistan has seen fluctuations in line with global market trends. As of today, the rate for one tola of palladium is PKR 99,650 while the rate for 10 grams of palladium stands at PKR 85,526. However, it’s important to note that palladium prices can vary across different cities in Pakistan, including Karachi, Lahore, Islamabad, Peshawar, Rawalpindi, Quetta, and Faisalabad.
Palladium price today for different quantities is:
As of Today, the Gold Rate is 3,60,000 PKR per tola for 24-k, and the Silver rate in Pakistan is 3375 PKR per Tola.
Palladium, a valuable, soft, silver-white metal, is widely used in industries such as automotive manufacturing, electronics, dentistry, and even hydrogen purification. It plays a key role in producing catalytic converters for petrol cars, making it vital to the global automotive sector. Russia and South Africa are the largest producers of palladium, accounting for 70-80% of the world’s output. The United States, Canada, and Zimbabwe also play significant roles.
As of May 2025, palladium futures have steadied around $940 per ounce, bouncing back from an eight-month low earlier this month. The price was supported by several factors, including President Trump’s decision to delay planned tariff hikes and a broadly weaker U.S. dollar. On April 9, Trump rolled back tariffs on key trading partners to a baseline of 10%, amidst ongoing trade negotiations.
However, tensions between the U.S. and China escalated when the U.S. raised tariffs on Chinese imports to 145%, prompting China to retaliate with tariffs on all U.S. goods.
In response to these trade issues, the European Union temporarily paused its planned retaliatory tariffs on U.S. goods for 90 days to allow room for renewed trade discussions.
A combination of global market trends, including supply and demand dynamics, geopolitical tensions, and the movement of the US dollar, influences the palladium price today in Pakistan. Additionally, local factors such as demand for palladium in the jewellery market and industrial uses also contribute to fluctuations in prices. As the demand for palladium in industries like automotive production and electronics grows, this could lead to further price movements in the coming months.
Palladium plays a vital role in the global economy, particularly in the automotive industry, where it is a key component in catalytic converters. Its price movements are often used as a barometer for economic health in sectors that depend on the metal. As the metal is highly sought after for its use in both industrial and consumer goods, any changes in the price of palladium are closely monitored by investors and industries alike.
Palladium prices are influenced by a range of factors, including global trade tensions and shifts in industrial demand. As of late May 2025, the palladium rate remains steady, but any further developments in U.S.-China relations or changes in global supply could lead to price fluctuations. For those looking to buy or invest in palladium in Pakistan, it is crucial to monitor both international market trends and local price changes, as rates can vary by city and time.
This summary provides a clear and concise overview of current palladium market trends globally, along with updated rates for Pakistan. It also touches on factors influencing these prices, offering a comprehensive snapshot of the metal’s role in both the global and local economies.
