Karachi, July 10, 2025 – The price of gold in Pakistan witnessed a sharp surge on Thursday, increasing by a significant Rs3,200 per Tola, amid ongoing volatility in the global bullion markets.
This uptick has once again drawn the attention of investors and traders closely tracking international market trends.
According to market sources, the price of 24-karat gold soared to Rs354,700 per Tola, up from the previous day’s closing rate of Rs351,500 in the local market. This marks one of the most significant single-day increases in recent weeks. For context, gold had touched its all-time high in Pakistan at Rs363,700 per Tola on April 22, 2025.
Similarly, the price of 24-karat gold per 10 grams also registered a steep increase of Rs2,744, reaching Rs304,098 in the domestic market. These figures underscore the growing influence of global market dynamics on local gold pricing.
Market analysts link the rise in domestic gold rates directly to movements in the global markets, where prices have also experienced a notable jump. In international trading, gold prices surged by $32 per ounce, pushing the rate up to $3,324 from the previous closing of $3,292. The rise is attributed to heightened economic uncertainty, geopolitical tensions, and speculation-driven buying in international commodity markets.
Investors traditionally flock to gold as a safe-haven asset during times of global economic instability. The recent fluctuations reflect growing concerns about inflation, central bank policies, and currency devaluation trends across multiple economies.
Traders in Pakistan’s bullion markets are advising cautious optimism, suggesting that price volatility could continue in the coming days depending on developments in global financial and political arenas. Many buyers remain on the sidelines, hoping for a price correction, while others are locking in their purchases amid fear of further increases.
With the price per Tola climbing yet again, gold continues to dominate discussions in both domestic and global economic circles. Market participants are keeping a close watch on international cues, as the next move could determine whether prices stabilize or surge even higher.