Karachi, August 7, 2025 – Gold prices in Pakistan witnessed a significant spike on Thursday, as the rate of 24-karat gold soared to Rs362,200 per tola, marking a sharp increase of Rs2,900 from the previous day’s closing rate of Rs359,300 in the local markets.
This surge brings the market closer to the all-time high recorded in Pakistan on July 23, 2025, when gold touched a record-breaking Rs364,900 per tola. Similarly, the price of 24-karat gold per 10 grams rose by Rs2,487, reaching Rs310,528, up from Rs308,041 a day earlier.
Market analysts and bullion experts in Pakistan link the domestic price hike to bullish trends in the international gold market. The global rate of gold climbed by $29, reaching $3,395 per ounce, compared to $3,366 on the previous day.
The volatility in global prices has been largely driven by recent economic developments, including the imposition of new U.S. tariffs on imports, which has triggered a rush toward safe-haven assets like gold. As uncertainty grows in the global economy, demand for gold continues to rise, influencing rates in markets such as Pakistan.
Investors are advised to stay informed and cautious, as international trends and geopolitical developments will likely keep gold prices volatile in the days ahead. The precious metal remains a key financial asset amid inflation concerns and global economic instability.