Gold Prices in Pakistan Today Remain Steady
The current gold prices in Pakistan are influenced by global market trends, with the All Pakistan Sarafa Gems and Jewelers Association providing regular updates on price fluctuations. As the global economy continues to navigate geopolitical tensions and trade disputes, gold prices are expected to remain volatile, making it essential for investors to stay informed.
Gold prices in Pakistan today remained steady at Rs354,100 per tola and Rs303,583 for 10 grams, despite a global surge in prices due to geopolitical tensions and a weak US dollar. The rupee depreciated by 10 paisas to 282.22 against the dollar, while global gold prices rose 0.9% to $3,381.32 an ounce.
The global surge in gold prices is attributed to investors seeking safe-haven assets amid tensions in multiple fronts, including the Russia-Ukraine conflict and global trade disputes. Friday's US non-farm payroll data is expected to be a major market mover, and investors are closely monitoring geopolitical developments and US economic indicators.
In Karachi, gold prices surged significantly on Thursday, reaching Rs358,400 per tola and Rs307,270 per 10 grams, driven by a $43 increase in international bullion prices to $3,400 per ounce. Domestic silver prices also skyrocketed, reaching Rs3,745 per tola and Rs3,210 per 10 grams, due to a $36 increase in international market prices.
The All Pakistan Sarafa Gems and Jewelers Association reported the price surge, noting that open market prices may vary. Gold rates in Pakistan on June 5, 2025, are quoted by APGJSA, with 24K gold at Rs. 130,400 per tola, 22K gold at Rs. 114,400 per tola, 18K gold at Rs. 94,000 per tola, and 10K gold at Rs. 59,000 per tola.
The steady gold prices in Pakistan today provide a sense of stability in the market, despite global fluctuations. Investors and consumers alike are advised to keep a close eye on market trends and geopolitical developments that may impact gold prices in the future.