Karachi, June 21, 2025 – In a sharp upward movement, gold prices in Pakistan increased by Rs1,465 per Tola on Saturday, mirroring gains in international markets.
The latest hike pushed the gold prices of 24-karat per Tola to Rs358,465, up from the previous day’s close of Rs357,000, according to data from the local bullion markets.
The domestic gold trade continues to reflect international fluctuations, particularly in response to geopolitical tensions that have fueled a global rush towards safe-haven assets. The current increase follows a week of relative stability, underscoring the fragile nature of the gold market both globally and in Pakistan.
Similarly, the gold prices for 24-karat per 10 grams also saw a considerable rise, climbing by Rs1,256 to settle at Rs307,325, compared to the earlier closing of Rs306,069. Market analysts in Pakistan cited the ongoing instability in the Middle East and rising inflation fears as primary drivers behind the spike in gold prices.
On the international front, gold prices per ounce climbed by $13, reaching $3,369, compared to the previous close of $3,356. This increase was immediately reflected in the local markets of Pakistan, where investors and jewellers closely track global trends to adjust domestic rates.
It is noteworthy that the all-time high for gold prices in Pakistan was recorded on April 22, 2025, when the per Tola price soared to Rs363,700. Since then, prices have fluctuated within a relatively narrow band, but remain historically high.
Bullion dealers and economic experts warn that if the geopolitical and economic instability continues, further price surges may occur, making gold an increasingly valuable yet volatile commodity for investors in Pakistan.
With today’s hike, gold continues to prove its worth as a traditional hedge against uncertainty, but at a cost that is becoming more burdensome for consumers in Pakistan looking to invest in the precious metal for weddings, savings, or trade.