Karachi, May 24, 2025 – Gold prices in Pakistan witnessed a sharp rise on Saturday, with the cost of 24-karat gold climbing to Rs354,100 per Tola.
This significant increase follows the bullish momentum in international bullion markets, where global uncertainties continue to influence commodity rates.
According to local market sources, the price of gold per Tola in Pakistan surged by Rs3,100 compared to Friday’s closing rate of Rs351,000. This latest hike reflects growing investor demand and concerns over geopolitical instability, which often drives investors toward safe-haven assets like gold.
Similarly, the price of 24-karat gold per 10 grams increased by Rs2,658, reaching Rs303,583 against the previous rate of Rs300,925. Analysts noted that the domestic gold market in Pakistan is closely tied to global trends, and any fluctuation in international prices quickly translates into local shifts.
Experts from Pakistan’s bullion market pointed out that this current surge in gold prices is largely due to ongoing global trade tensions and increasing geopolitical risks, particularly in regions critical to global supply chains. These developments have made gold a more attractive investment, pushing prices higher both internationally and in Pakistan.
In the international market, gold prices climbed by $31 to settle at $3,357 per ounce, up from $3,326 a day earlier. The consistent upward trajectory of gold prices globally has had a direct impact on the rates in Pakistan, where the demand for gold remains traditionally strong, especially ahead of the wedding season.
The highest recorded price of gold in Pakistan remains Rs363,700 per Tola, which was observed on April 22, 2025. With the current upward trend, traders speculate that gold prices per Tola in Pakistan could potentially test those record highs again if global conditions remain tense.
As Pakistan continues to grapple with economic challenges and currency volatility, the fluctuating prices of gold per Tola remain a critical indicator for investors, jewelers, and policymakers alike. Gold continues to be a crucial asset in Pakistan’s financial landscape, with prices per Tola serving as a barometer of both local and global economic sentiment.