Karachi, March 29, 2025 – The gold market in Pakistan witnessed an unprecedented surge on Saturday as the price of gold per Tola reached Rs 325,000 for the first time in the country’s history.
This significant milestone reflects the ongoing rally in gold prices, driven by global economic uncertainty and regional geopolitical tensions.
In the local markets of Pakistan, the price of 24-karat gold per Tola increased by Rs 1,620 compared to the previous day’s closing rate of Rs 323,380. The persistent upward trend in gold prices has been attributed to the heightened instability in the Middle East, which has led investors to seek safe-haven assets such as gold.
Additionally, the recent tariff measures imposed by the United States have further escalated global trade tensions, adding to the volatility of commodity markets, including gold. This uncertainty has fueled increased demand for gold in Pakistan, causing prices to soar rapidly.
Alongside the rise in gold per Tola, the price of 24-karat gold per 10 grams also saw a significant increase. It climbed by Rs 1,389 to reach Rs 278,635, up from the previous day’s closing price of Rs 277,246. The consistent appreciation in gold prices has made the precious metal an attractive yet increasingly expensive investment in Pakistan.
International gold markets also experienced an upward trend, with gold prices increasing by $10 per ounce. The global price of gold rose from $3,074 to $3,084 per ounce, reflecting the widespread impact of economic instability and investor sentiment favoring gold as a secure asset.
The unprecedented rise in gold per Tola in Pakistan has led to mixed reactions among investors and traders. While gold sellers are witnessing increased profits, buyers and jewelry manufacturers are feeling the strain of soaring prices. Many investors in Pakistan are closely monitoring the gold market, anticipating further fluctuations in the coming days.
As gold per Tola continues to break records in Pakistan, financial analysts predict that global economic factors and market conditions will play a crucial role in determining future trends. The volatility in gold prices underscores the importance of keeping a close watch on both international and local market developments.