Karachi, February 14, 2025 – Gold prices in Pakistan continued their upward momentum on Friday, reaching an all-time high of Rs 306,200 per tola. The surge marked a significant increase of Rs 2,200 compared to the previous day’s closing price of Rs 304,000 per tola.
The price of 24-karat gold per tola rose sharply in response to developments in the global bullion market. Alongside the increase in per tola rates, the price of 24-karat gold per 10 grams also climbed, reaching Rs 262,517, up from the prior close of Rs 260,631.
Experts in the bullion market attributed the record-breaking rise in gold prices to the ongoing geopolitical tensions in the Middle East, which have fueled a flight to safety among investors worldwide. This surge in demand for safe-haven assets like gold has directly influenced the domestic price per tola.
Internationally, gold prices experienced a notable increase, with the precious metal gaining $20 to reach a new high of $2,933 per ounce. This rise from the previous day’s close of $2,913 per ounce underscored the global market’s sensitivity to geopolitical uncertainties.
The consistent upward trend in gold prices has caught the attention of investors and consumers alike. Many analysts believe that if international market trends persist, the domestic price per tola could continue to rise in the coming days.
The recent rally has led to increased activity in local markets, with many jewelers reporting higher customer inquiries about the current per tola rate. Market observers suggest that continued geopolitical tensions and fluctuations in the international dollar rate will be key factors determining the future trajectory of gold prices per tola in Pakistan.
As the market remains volatile, investors are advised to stay informed about global developments that may impact the per tola price of gold. With gold’s status as a safe-haven asset reaffirmed, the coming weeks may see further increases, making the per tola rate a focal point of interest for both investors and consumers across the country.