Gold Price in Pakistan Rises to Rs358,100 per Tola
The gold price in Pakistan recorded another upward movement on Wednesday, with 24-karat gold reaching Rs358,100 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). This increase reflects both local market demand and global bullion trends, with silver rates also moving higher in line with international prices.
Latest Gold Rates in Pakistan
As per APSGJA data, the price of 24-karat gold rose by Rs200 per tola, while the 10-gram rate climbed by Rs171, reaching Rs307,013. For those trading in 22-karat gold, the 10-gram price stood at Rs281,438, reflecting an increase of Rs157.
| Purity | Price per Tola (PKR) | Price per 10g (PKR) | Change (PKR) |
|---|---|---|---|
| 24-Karat | 358,100 | 307,013 | +200 / +171 |
| 22-Karat | — | 281,438 | +157 |
Traders and market watchers note that the demand for physical gold remains relatively steady despite higher prices, as many buyers consider gold a long-term investment and a hedge against inflation.
International Gold Market Trends
In the global market, gold traded at $2,354 per ounce, showing a marginal gain of $2 compared to the previous session. Analysts attribute this steady rise to ongoing economic uncertainty and heightened geopolitical tensions, prompting investors to maintain strong positions in precious metals.
Experts note that upcoming U.S. economic data releases and central bank policies are expected to play a critical role in shaping gold’s short-term direction.
Silver Prices Also See a Sharp Increase
Silver markets mirrored gold’s trajectory. In Pakistan, 24-karat silver surged by Rs59 per tola to reach Rs4,072, while the 10-gram rate increased by Rs51, standing at Rs3,491.
Globally, silver prices advanced to $38.39 per ounce, marking a rise of $0.59. Analysts suggest that industrial demand and safe-haven buying are both supporting silver’s strong performance.
| Metal | Purity | Price per Tola (PKR) | Price per 10g (PKR) | Price per Ounce (USD) |
|---|---|---|---|---|
| Gold | 24K | 358,100 | 307,013 | $2,354 |
| Silver | 24K | 4,072 | 3,491 | $38.39 |
Economic Uncertainty Continues to Drive Precious Metals
The current rally in gold price in Pakistan is closely tied to broader market sentiment. Inflation concerns, fluctuating currency exchange rates, and ongoing political developments are influencing both domestic and international bullion markets.
Financial experts recommend that investors keep a close eye on global monetary policies, particularly decisions by the U.S. Federal Reserve, as these directly impact precious metal valuations.
Investor Sentiment and Future Outlook
Market sentiment suggests that while there may be occasional corrections, the overall outlook for gold remains bullish in the near term. Many financial advisors recommend holding a portion of investments in precious metals as a hedge against economic downturns.
According to commodity analysts, if the U.S. Federal Reserve signals a slower pace of interest rate hikes, gold could see further gains both internationally and in Pakistan. However, a stronger U.S. dollar could temporarily cap price increases.
Impact on Local Jewellery Markets
Jewellers across Pakistan report mixed responses from customers. While wedding season traditionally drives gold jewellery sales, high prices have led some buyers to shift toward lighter designs or alternative metals. However, investors remain active, particularly in purchasing gold bars and coins for long-term holding.
Goldsmiths in Karachi, Lahore, and Islamabad note that while immediate sales may slow slightly, long-term demand remains resilient due to cultural and investment value.
Global Gold Market Trends
On the international stage, gold was trading at $2,354 per ounce, registering a modest gain of $2 compared to the previous session. While this may appear minor, analysts emphasize that the trend has been gradually upward over the past several weeks.
Key drivers behind the rise include:
- Economic uncertainty: Concerns over slowing global growth are prompting investors to seek safer investments.
- Geopolitical risks: Conflicts in various regions are adding to market volatility.
- Central bank actions: Monetary policy shifts, particularly in the U.S., are influencing gold demand and prices.
Market experts believe that upcoming U.S. inflation data and potential interest rate decisions from the Federal Reserve will significantly impact gold’s short-term trajectory.
Why Precious Metals Are Gaining in 2025
The rally in gold price in Pakistan is part of a broader global trend driven by economic conditions. Rising inflation rates in many countries are eroding the purchasing power of currencies, making gold an attractive store of value. Additionally, political instability in some regions has increased the demand for assets perceived as secure.
In Pakistan specifically, the Pakistani rupee’s volatility against the U.S. dollar has further contributed to the surge in local gold prices. Since bullion is priced internationally in dollars, any depreciation in the rupee directly impacts domestic gold rates.
Summary:
Gold prices in Pakistan have reached a new peak of Rs358,100 per tola, reflecting trends in the global bullion market. The rise comes as investors turn to precious metals amid inflation concerns and economic volatility. Silver prices also posted strong gains. Analysts expect continued market activity in the coming weeks, with economic data and policy decisions likely to shape the next moves.
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