Karachi, February 18, 2025 – Gold prices in Pakistan saw an increase of Rs 1,000 per Tola on Tuesday, driven by a surge in international market prices.
The price of 24-karat gold per Tola rose to Rs 304,200, up from the previous day’s closing of Rs 303,200 in the domestic markets. This marks a notable increase, though the prices of gold in Pakistan had hit an all-time high of Rs 306,200 per Tola just four days earlier, on February 14, 2025. The fluctuation in gold prices continues to attract attention from investors and consumers alike, reflecting the global volatility that is influencing the local market.
In addition to the increase in Tola prices, the price of 24-karat gold per 10 grams also saw a rise, increasing by Rs 857 to reach Rs 260,802, up from Rs 259,945 the previous day. The local market’s response to these price shifts reflects the ongoing dynamics of the global gold market and the changing demand for gold in Pakistan.
Experts in the bullion market have attributed the recent rise in Pakistan’s gold prices to the growing trends in international gold markets. They noted that tensions in the Middle East have continued to cause instability, contributing to the volatility of gold prices worldwide. As a result, gold has remained a preferred safe-haven investment, which has further impacted its pricing in the domestic market.
The international gold market also saw significant movement, with the price of gold rising by $10 per ounce, reaching $2,910, up from the previous day’s closing of $2,900. This uptick in international gold prices has directly influenced the gold prices per Tola in Pakistan, as local prices tend to mirror global trends.
As global political and economic uncertainties continue to exert pressure on the gold market, analysts expect gold prices in Pakistan to remain volatile in the short term. However, gold remains a key investment asset, with many opting for gold in Tola and gram weights as a means of preserving wealth amidst uncertain times.