Key Takeaways:
i) The price of 24-karat gold has increased by PKR 900 per tola in Pakistan.
ii) Globally, gold prices have also seen an upward trend.
iii) Market analysts attribute the rise to prevailing economic uncertainty and international market fluctuations.
Islamabad, Pakistan – April 9, 2025 – Gold prices in Pakistan witnessed an increase today, reflecting trends in the international market. According to local sources, the price of 24-karat gold climbed by PKR 900 per tola to reach PKR 242,700. Similarly, the price of 10 grams of 24-karat gold rose by PKR 772 to settle at PKR 208,076.
The price of 22-karat gold also saw an increase, with the per tola rate reaching PKR 222,500 and the 10-gram rate settling at PKR 190,732. These fluctuations in local gold prices are often closely linked to changes in global gold rates and the value of the Pakistani Rupee against the US Dollar.
This rise in gold prices can have implications for consumers and investors in Pakistan, affecting jewelry prices and investment decisions related to precious metals.
Internationally, gold prices have been experiencing some volatility due to various factors, including geopolitical tensions and economic data releases from major economies. Gold is often considered a safe-haven asset during times of uncertainty, leading to increased demand and subsequently higher prices.
Pakistan’s bullion market is sensitive to these global cues, and local price adjustments typically follow international trends. The recent increase suggests that the global factors influencing gold prices are currently exerting upward pressure. This rise in gold prices can have implications for consumers and investors in Pakistan, affecting jewelry prices and investment decisions related to precious metals.