Karachi, May 13, 2025 — The gold prices in Pakistan experienced a notable rise on Tuesday, with the rate for 24-karat gold increasing by Rs3,700 per Tola, taking it to Rs344,200 per Tola in the local market.
This sharp upward move comes just a day after gold prices had seen a dramatic fall of Rs10,400 per Tola, attributed to a temporary easing of regional tensions between Pakistan and neighboring India. Today’s rebound marks a swift turnaround, driven largely by bullish trends in international bullion markets.
According to data shared by local bullion dealers, the gold prices for 24-karat gold per 10 grams also surged by Rs3,173, settling at Rs295,096 compared to the previous day’s closing rate of Rs291,923. This aligns with movements in the global market, where gold rates rose by $82, closing at $3,482 per ounce, up from $3,400 the day before.
Bullion market analysts say the recent gains in gold prices reflect renewed investor interest in safe-haven assets amid ongoing global economic uncertainty. A combination of rising inflation concerns, fluctuating dollar values, and central bank policies has pushed international investors back into precious metals, with gold leading the charge.
Despite the volatility, the current price remains below the all-time high of Rs363,700 per Tola recorded on April 22, 2025. Analysts caution that while today’s rise is significant, the market remains highly sensitive to geopolitical developments and global financial indicators.
In Pakistan, gold remains a preferred form of investment, especially in times of economic uncertainty. Many local investors closely monitor both local and international gold prices, and the per Tola rate is often considered the key benchmark.
As the global economic landscape continues to evolve, market watchers in Pakistan expect further fluctuations in gold prices, especially with ongoing shifts in interest rates, currency values, and geopolitical dynamics. For now, the market is firmly on an upward trajectory, and all eyes remain on whether gold will test new highs in the coming weeks.