Karachi, July 12, 2025 – The gold prices in Pakistan witnessed a sharp increase on Saturday, July 12, 2025, reflecting the upward trend in global bullion markets.
The per tola rate of 24-karat gold jumped by Rs1,100, marking a notable shift in the domestic market sentiment.
According to market data, the gold prices in Pakistan rose to Rs358,100 per tola, up from the previous day’s closing of Rs357,000. This significant increase comes as global gold prices surged by $11 per ounce, settling at $3,356 from the prior day’s $3,345.
Similarly, the rate of 24-karat gold per 10 grams in Pakistan increased by Rs944, closing at Rs307,013 compared to Rs306,069 recorded on Friday. Market analysts say the rise is largely driven by geopolitical uncertainties and increased investment demand for safe-haven assets like gold in the international market.
Local bullion traders attribute the consistent rise in gold prices to multiple factors, including the weakening of the Pakistani rupee, inflationary pressures, and continued global demand. “The movement in the international market has a direct impact on gold prices in Pakistan. With investors turning to gold as a hedge against uncertainty, prices have seen consistent upward momentum,” said a Karachi-based dealer.
It is worth noting that gold prices in Pakistan touched an all-time high of Rs363,700 per tola on April 22, 2025, setting a historic benchmark for the country’s precious metals market.
The ongoing rise in gold prices is being closely monitored by investors and the jewelry industry alike, as it affects both investment strategies and consumer buying behavior. With Pakistan’s economic landscape remaining volatile, many see gold as a safer store of value compared to other traditional investment avenues.
Consumers planning weddings or large-scale purchases are being urged to consider current trends before making buying decisions. Experts suggest that prices may remain volatile in the coming weeks, depending on global market fluctuations and local currency movements.