Karachi, May 20, 2025 – The updated gold rates in Pakistan on Tuesday reflected a modest increase, in line with rising prices in the international bullion markets.
Investors and jewelers closely monitored global trends, which led to a slight uptick in domestic gold rates.
According to the latest figures, the gold rates in Pakistan for 24-karat per tola rose by Rs300, reaching Rs342,800 compared to the previous day’s closing of Rs342,500. Similarly, the 24-karat gold price per 10 grams was updated to Rs293,895, up by Rs257 from Monday’s rate of Rs293,638.
This uptick in gold rates in Pakistan follows a corresponding movement in the international market, where gold prices increased by $3 per ounce. The global price of gold settled at $3,244 per ounce, up from the previous close of $3,241. Market experts attribute this increase to rising geopolitical uncertainties, inflationary concerns, and a steady demand for safe-haven assets, particularly in volatile economic environments.
Despite the current gains, domestic gold prices still remain below the all-time high of Rs363,700 per tola recorded on April 22, 2025. However, with ongoing fluctuations in global commodity markets, traders in Pakistan remain cautiously optimistic about short-term price movements.
Bullion dealers and financial analysts noted that the current gold rates in Pakistan reflect not only international trends but also the local currency’s exchange rate performance against the US dollar. Any weakness in the rupee further boosts gold prices domestically, adding to the volatility in the precious metals market.
As of May 20, these updated gold rates in Pakistan are crucial for both consumers and investors, particularly those looking to hedge against inflation or safeguard capital during uncertain economic times. With market conditions still uncertain, further changes in gold rates in Pakistan are expected, especially as global central banks adjust their monetary policies and investor sentiment shifts in response to international developments.