Karachi, February 11, 2025 – Gold prices in Pakistan surged to a new all-time high on Tuesday, reaching Rs 303,100 per tola. This increase continues the upward trend observed in the bullion market, reflecting rising prices both domestically and internationally.
The price of 24-karat gold per tola increased by Rs 100 from the previous record high of Rs 303,000, recorded just a day earlier in Pakistan’s local markets. Similarly, the price of 24-karat gold per 10 grams rose by Rs 86, reaching Rs 259,859 from the prior closing of Rs 259,773.
Tola Prices Influenced by International Trends
Bullion market analysts have attributed this continuous increase in tola prices to fluctuations in international gold markets. According to experts, recent geopolitical tensions in the Middle East have contributed to the surge in demand for gold, a traditional safe-haven asset.
On the global front, gold prices rose by $1, climbing to $2,904 per ounce from the previous day’s closing of $2,903. The consistent rise in international gold rates directly impacts the domestic market, pushing tola prices higher in Pakistan.
Tola Demand and Market Speculation
The rising tola price trend is also being influenced by strong local demand, as investors turn to gold as a hedge against inflation and currency volatility. With uncertainty surrounding economic conditions, many buyers are seeking refuge in the precious metal, further driving up prices.
Tola Price Outlook
Market experts suggest that as long as international uncertainties persist, tola prices in Pakistan may continue their upward momentum. Traders and investors are advised to monitor global economic indicators, as these factors play a crucial role in determining future price movements.
The increasing tola rates highlight the growing reliance on gold as a store of value in times of financial uncertainty. With international gold prices showing no signs of stabilizing, the domestic market is expected to follow the upward trajectory, keeping tola prices at elevated levels.