KARACHI – May 6, 2025: Gold prices in Pakistan witnessed a substantial rise on Tuesday, driven by strong upward momentum in international bullion markets. According to local market data, the price of 24-karat gold surged by Rs6,100 per Tola, marking a sharp increase from the previous day’s rates.
With this latest hike, the gold prices per Tola in Pakistan climbed to Rs356,100, up from Monday’s closing rate of Rs350,000. The recent spike pushes domestic gold prices closer to the all-time high of Rs363,700 per Tola, which was recorded on April 22, 2025. Market analysts are closely watching this trend, especially as global factors continue to fuel fluctuations.
In addition to the rise per Tola, gold prices for 24-karat per 10 grams also increased significantly. The new rate stands at Rs305,300, reflecting a jump of Rs5,232 from the previous day’s Rs300,068. Traders noted that the consistent uptrend has been creating challenges for local buyers, especially those in the jewelry business, due to rapid changes in market stability.
Bullion market experts in Pakistan attributed the latest surge in gold prices to heightened geopolitical tensions and ongoing global trade disputes. These international dynamics have increased demand for gold as a safe-haven asset, thereby pushing prices higher both globally and locally.
In the international market, gold prices rose by $61 per ounce, closing at $3,377 compared to the previous day’s rate of $3,316. This gain in the global arena directly impacted gold prices in Pakistan, where currency exchange rates and import costs further compound the effects of international price shifts.
Gold continues to be a key commodity in Pakistan, both as a traditional investment and a cultural asset. With gold prices now just a few thousand rupees short of record highs, market watchers anticipate more volatility ahead. Local jewelers are advising customers to stay informed and cautious, as another sharp rise could send prices soaring past the previous all-time high.
The Tola remains the standard unit for measuring gold in Pakistan, and with prices per Tola increasing rapidly, consumers and investors alike are closely monitoring future developments.