The gold price in Pakistan witnessed a sharp increase today as local bullion traders reported significant gains in per tola and per 10-gram rates. According to market sources, the price of gold per tola jumped by Rs 3,600, reaching Rs 367,400, while the price of 10 grams rose by Rs 3,172 to Rs 314,986. This surge comes amid rising international prices, with global gold hitting $3,447 per ounce after a $36 increase.
Gold Price in Pakistan: Local Market Trends
In local bullion markets across Karachi, Lahore, and other major cities, the gold price in Pakistan has been fluctuating heavily due to international movements and changing currency exchange rates. On the previous day, the price of gold per tola stood at Rs 363,700, while the rate of 10 grams was Rs 311,814. Today’s hike marks another notable rise, making gold one of the most volatile commodities in Pakistan’s financial market.
Traders attribute this increase to a combination of factors, including international demand, dollar fluctuations against the Pakistani rupee, and uncertainty in local investment channels.
International Gold Prices and Their Impact
The global rise in gold prices is one of the main drivers behind the increase in the gold price in Pakistan. In the international market, gold has reached $3,447 per ounce after an increase of $36. Analysts suggest that global investors are turning to gold as a safe-haven asset amid fears of economic slowdown and geopolitical tensions.
According to data from the World Gold Council, gold demand in the first half of 2025 has grown by nearly 6% compared to last year, mainly due to increased central bank purchases and investor inflows into gold-backed funds. This global upward trend is directly influencing the cost of gold in Pakistan.
Why the Gold Price in Pakistan Keeps Rising
Several reasons explain the rising gold price in Pakistan:
- Global Market Trends – International gold price fluctuations immediately reflect in local markets.
- Currency Depreciation – The Pakistani rupee’s depreciation against the US dollar increases the cost of imports, including gold.
- Inflation Hedge – Investors in Pakistan often turn to gold as a secure investment during inflationary pressures.
- Geopolitical Uncertainty – With regional tensions and unstable financial conditions, demand for gold as a safe-haven asset rises.
Investor Reactions in Pakistan
For many investors, the current surge in the gold price in Pakistan is a double-edged sword. On one hand, those who already hold gold are seeing their investments appreciate significantly. On the other, new buyers are facing record-high prices, making it difficult to enter the market.
Gold has long been considered a traditional investment in Pakistan, particularly for savings and weddings. However, with prices crossing Rs 367,000 per tola, affordability is becoming a concern for middle-income households.
Recent Gold Price Statistics
- Gold Price in Pakistan (per tola): Rs 367,400 (↑ Rs 3,600)
- Gold Price in Pakistan (10 grams): Rs 314,986 (↑ Rs 3,172)
- International Gold Price: $3,447 per ounce (↑ $36)
- Previous Day Rates: Rs 363,700 per tola, Rs 311,814 per 10 grams
These statistics highlight how quickly the market is shifting, both locally and globally.
Future Outlook for Gold Price in Pakistan
Experts predict that the gold price in Pakistan may continue to remain under pressure due to global demand and the weakening rupee. If the international market continues its bullish trend, domestic prices are likely to rise even further. However, much will depend on global inflation rates, US Federal Reserve policies, and Pakistan’s own currency stability.
Some financial analysts suggest that if international prices cross $3,500 per ounce, gold rates in Pakistan could potentially reach Rs 370,000 per tola in the coming weeks.
The surge in the gold price in Pakistan reflects broader global economic conditions and local currency challenges. With today’s increase of Rs 3,600 per tola, gold continues to be a vital investment tool, though affordability concerns remain high. As global demand strengthens and uncertainty persists, investors in Pakistan will need to watch the market closely before making major buying or selling decisions.