Karachi, May 23, 2025 – Gold prices in Pakistan witnessed a significant surge on Friday, climbing by Rs3,500 per Tola in response to strong upward momentum in the international bullion markets.
This sharp rise has once again brought the spotlight on gold as a safe-haven asset amid ongoing global uncertainty.
According to data released by local bullion traders, the price of 24-karat gold per Tola in Pakistan jumped to Rs351,000, up from the previous day’s closing rate of Rs347,500. This marks one of the most notable daily increases in recent weeks. For context, gold prices in Pakistan had touched an all-time high of Rs363,700 per Tola on April 22, 2025, driven by similar global market dynamics.
The price of 24-karat gold per 10 grams also saw an increase of Rs3,000, rising to Rs300,925 from Rs297,925 in the domestic markets. Analysts note that the consistent fluctuation in gold prices reflects the broader economic and geopolitical landscape, with investors worldwide turning to gold as a hedge against instability.
Global gold prices also saw an upward movement, climbing by $35 per ounce to close at $3,326, up from the previous day’s level of $3,291. Experts in the bullion trade believe that ongoing geopolitical tensions, inflationary concerns, and cautious investor sentiment are pushing gold prices higher, not just globally, but also significantly impacting gold markets in Pakistan.
In Pakistan, gold holds not only economic but also cultural value, with many households investing in gold as a traditional form of wealth preservation. The price per Tola is a key benchmark in the local market and is closely monitored by traders, investors, and consumers alike.
With gold prices on the rise, market participants in Pakistan are keeping a close eye on both local and international developments. The recent surge of Rs3,500 per Tola is expected to influence buying trends, especially as wedding season demand increases and investors seek stability amid market volatility.
As global dynamics continue to evolve, prices of gold per Tola in Pakistan may remain volatile, making the precious metal a focal point of both investment strategy and public interest.