KARACHI: Gold prices in Pakistan skyrocketed once again, reaching an all-time high of Rs317,350 per tola on Tuesday, following a sharp single-day increase of Rs2,550.
According to data from the Saraffa Association, the price of 10 grams of gold also jumped significantly, rising by Rs2,186 to settle at Rs272,076.
Latest Gold Rates in Pakistan
Gold Type | Price | Change |
---|---|---|
Per Tola | Rs317,350 | +Rs2,550 |
Per 10gram | Rs272,076 | +Rs2,186 |
Gold Prices This Week
Date | Price |
---|---|
15 March | Rs313,700 |
14 March | Rs314,000 |
13 March | Rs309,300 |
12 March | Rs306,500 |
11 March | Rs306,000 |
10 March | Rs306,000 |
8 March | Rs306,000 |
Why Are Gold Prices Surging?
The latest increase follows a global trend, as international gold prices crossed $3,000 per ounce for the first time—a historic milestone. Gold currently stands at $3,022 per ounce, after gaining $25 in a single day.
Several key factors are driving this rally:
- Global market uncertainty – Ongoing trade tensions and economic instability have pushed investors towards safe-haven assets like gold.
- Geopolitical risks – Rising global tensions have further fueled demand for gold.
- Federal Reserve policy – Speculation over potential interest rate cuts by the U.S. Federal Reserve is also playing a role.
So far in 2025, gold has hit 13 all-time highs, and with current trends, it looks set to continue its winning streak.