Karachi, January 30, 2025 – The gold prices in Pakistan soared to an all-time high on Thursday, reaching Rs 290,300 per tola. This unprecedented increase is attributed to the sharp rise in international market trends, pushing local bullion rates to record levels.
The gold prices in Pakistan witnessed a notable jump of Rs 1,600 per tola compared to the previous day’s closing rate of Rs 288,700. This surge marks another milestone, surpassing the previous highest price of Rs 289,600 per tola, recorded on January 24, 2025. The relentless upward trend in gold prices has kept investors and traders on high alert.
In addition to the per tola rate, the gold prices for 24-karat per 10 grams also saw a significant increase. The price surged by Rs 1,372, climbing from Rs 247,513 to Rs 248,885 in the local bullion markets. The steady appreciation in gold prices continues to reflect the global market dynamics and investor sentiment.
Market analysts suggest that the surge in gold prices in Pakistan is directly influenced by international trends, where demand for the precious metal remains strong. On the global front, the gold prices increased by $15 per ounce, settling at $2,778 compared to the previous closing of $2,763. This rise in international gold prices has had a direct impact on the local market, driving rates to unprecedented levels.
Economic uncertainties, inflation concerns, and currency fluctuations are key factors propelling gold prices upward. Investors consider gold a safe-haven asset, leading to increased demand and subsequent price hikes. The continued appreciation in gold prices in Pakistan indicates a broader trend of rising interest in bullion as a reliable store of value.
With gold prices reaching historic highs, market experts advise investors to stay informed about global market movements. As the international economic landscape evolves, the local bullion market is expected to remain volatile. Whether the gold prices in Pakistan will stabilize or continue their upward momentum depends on global economic factors and investor behavior in the coming weeks.