Karachi, February 24, 2025 – The price of gold in Pakistan surged to an all-time high on Monday, reaching Rs 309,500 per Tola. This latest increase highlights the ongoing volatility in the bullion market as demand for the precious metal continues to rise.
Gold prices for 24-karat per Tola witnessed an increase of Rs 1,500 from the last closing rate of Rs 308,000 in the local markets. Previously, the highest recorded price was Rs 309,000 per Tola on February 20, 2025. Similarly, the price of 24-karat gold per 10 grams climbed by Rs 1,286, reaching Rs 265,346 compared to the previous closing price of Rs 264,060.
Market analysts pointed to global economic uncertainty and geopolitical tensions as key factors driving gold prices upward. Experts noted that gold remains a preferred investment during times of financial instability, further increasing its demand. The price fluctuations in the international bullion market have also contributed to the surge in gold rates within Pakistan.
In the global market, gold prices experienced a notable rise, with the price per ounce increasing by $12 to settle at $2,948 from the prior closing of $2,936. The increase in international gold prices has had a direct impact on local gold rates, pushing prices higher per Tola in domestic markets.
Bullion traders highlighted that Pakistan’s gold market remains highly sensitive to international trends. With ongoing global economic shifts and fluctuating currency exchange rates, investors continue to turn to gold as a safe haven. The consistent rise in the price of gold per Tola reflects both local and international demand dynamics.
Given the prevailing trends, analysts predict further fluctuations in gold prices per Tola in the near future. Investors and consumers alike are closely monitoring market movements, anticipating further developments. As gold remains a key store of value, its rising price per Tola signifies the metal’s growing appeal amidst financial uncertainty.
With the price of gold per Tola hitting unprecedented levels, the bullion market continues to attract heightened interest. Whether for investment or traditional purchases, the increasing price per Tola underscores gold’s enduring significance in Pakistan’s economy.