Gold Rates Surge in Pakistan Amid Geopolitical Tensions
Investors are increasingly turning to gold as a safe-haven asset, driving up demand and prices, with the international rate of gold rising to $3,432 per ounce, and silver prices also posting gains, with the rate for 10 grams of silver increasing by Rs30 to Rs3,240.
Gold prices in Pakistan have surged, with the price of gold per tola reaching Rs363,000, a gain of Rs1,500, and the 10-gram gold price increasing to Rs311,213, a gain of Rs1,206, as investors seek refuge in gold as a safe-haven asset.
The international rate of gold rose to $3,432 per ounce, an increase of $15, while silver prices also rose, with the price per tola increasing by Rs7 to Rs3,787. The All-Pakistan Gems and Jewellers Sarafa Association quoted the gold rates in Pakistan on June 14, 2025, which showed a significant increase in gold prices by Rs4,600 per tola to Rs361,500, and international gold prices rose by $46 to $3,421 per ounce.
The surge in gold prices is attributed to escalating geopolitical tensions in the Middle East and Eastern Europe, which has led investors to seek refuge in gold as a secure asset. Jewellers anticipate further volatility ahead, citing ongoing global uncertainty and investors' preference for gold as a safe-haven asset. The demand for gold is expected to drive prices higher, both locally and internationally.
As the global economic landscape continues to evolve, the price of gold is likely to remain volatile, influenced by geopolitical tensions and investor sentiment. The All-Pakistan Gems and Jewellers Sarafa Association will continue to monitor and update gold rates in Pakistan, providing valuable insights into the market trends and investor behavior.