Gold Rates Surge in Pakistan Amid Global Trend
The surge in gold prices is attributed to the global market trend, with the international rate of gold increasing to $3,375 per ounce. This increase has led to a rise in gold prices in Pakistan, with the price of 10-gram gold reaching Rs305,984 and the price of gold per tola reaching Rs356,900.
Gold prices in Pakistan saw a significant increase on Thursday, with the price of 10-gram gold reaching Rs305,984, up by Rs3,430, and the price of gold per tola reaching Rs356,900, up by Rs4,000, following the international market trend.
The international rate of gold also increased to $3,375 per ounce, with a premium of $20, contributing to the surge in gold prices in Pakistan. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) quoted the gold rates in Pakistan on June 12, 2025, which showed a notable increase compared to the previous trading day.
In comparison to the previous day's prices, the price of 24-karat gold per tola increased by Rs600 to Rs352,900, while the price of 10 grams of 24-karat gold rose by Rs514 to Rs302,554. Additionally, 10 grams of 22-karat gold increased by Rs471 to Rs277,351. However, the prices of silver remained unchanged at Rs3,745 per tola and Rs3,210 for 10 grams.
The increase in gold rates in Pakistan is expected to impact the local market, with potential effects on the jewelry industry and consumer demand. As the international market trend continues to influence gold prices in Pakistan, market observers will be closely monitoring the situation to anticipate future developments.