Karachi, February 13, 2025 – Gold prices in Pakistan have skyrocketed to an unprecedented high, reaching Rs 304,000 per Tola, driven by a significant upsurge in international markets.
This new peak has surpassed the previous record of Rs 303,100 per Tola set just two days earlier on February 11, 2025.
The gold prices of 24-karat per Tola in Pakistan surged by Rs 2,500 from the previous day’s closing of Rs 301,500. This sharp increase has sent ripples through the domestic bullion market, as investors flock to secure their assets amidst growing global uncertainty. Alongside this surge, the price of 24-karat gold per 10 grams also climbed by Rs 2,144, reaching Rs 260,631 from the prior day’s Rs 258,487.
Market analysts attribute the escalating gold prices per Tola to multiple factors impacting global commodity markets. They point to the recent imposition of new duties and taxes by the United States, which have disrupted market stability. Additionally, persistent geopolitical tensions in the Middle East have heightened investor caution, driving demand for gold as a safe-haven asset.
In the international markets, gold prices experienced a substantial rise of $25 per ounce, reaching a record $2,913 compared to the previous close of $2,888. This international upward trend has directly influenced gold prices per Tola in Pakistan, given the nation’s reliance on global bullion rates for domestic pricing.
Experts predict that the upward trajectory of gold prices per Tola may persist if geopolitical and economic uncertainties continue to loom large. Many investors in Pakistan, wary of potential currency depreciation and inflation, are increasingly turning to gold as a secure investment avenue.
The demand for gold per Tola in the domestic market has remained robust despite the soaring prices, with many consumers adjusting their purchasing strategies. Jewelers across the country report a notable shift toward lighter, more affordable pieces as the high gold prices continue to strain household budgets.
As gold prices per Tola touch new highs, both investors and consumers remain on edge, closely monitoring international developments for potential market movements in the days ahead.