Karachi, March 3, 2025 – In a significant development for the precious metals market, domestic gold prices in Pakistan have surged by Rs 1,500 per Tola, following a notable rise in international trading.
The current benchmark for 24-karat gold stands at Rs 301,500 per Tola, compared to the previous closing rate of Rs 300,000. This notable change in prices is largely driven by robust global market dynamics that have boosted investor confidence.
Market experts emphasize that the upward trend in gold prices is a direct consequence of rising demand in international markets. Recently, international gold prices increased by $12 per ounce, with the current rate reaching $2,869 from $2,857. This international rally has had a significant impact on local prices, prompting a surge in domestic trading activity as investors seek the safety of physical gold.
On February 24, 2025, gold prices hit an all-time high, with the rate per Tola reaching an impressive Rs 309,500. This milestone is reflective of both the global market surge and local investor sentiment. In addition to the Tola measurements, the prices for gold measured per 10 grams also experienced an increase, rising by Rs 1,286 to reach Rs 258,487 from Rs 257,201 at the last closing. Analysts attribute these upward movements in prices to a combination of international influences and increased domestic demand for gold.
Bullion market specialists are optimistic that the current surge in prices will continue if international market conditions remain favorable. The rising Tola rates have reinforced gold’s appeal as a secure investment amidst economic uncertainties and inflationary pressures. Moreover, analysts expect that rising prices will continue to benefit both individual investors and institutional portfolios, further strengthening the market for physical gold.
Investors are advised to monitor Tola rates closely, as further increases in gold prices could signal a continued rally in the precious metals sector. With the prevailing economic environment and sustained global demand, the outlook for gold prices remains robust. As a result, many are turning to gold, especially in Tola measurements, to safeguard their assets. This trend is expected to persist, making gold an increasingly attractive option for diversification in investment portfolios.