Friday, May 16, 2025

Gold price rises by Rs900 per tola in Pakistan after brief drop

Gold prices in Pakistan rose again on Friday, with the per tola rate increasing by Rs900 to reach Rs336,100, reflecting gains in the global market, according to the Saraffa Association.

The price for 10 grams of gold also went up by Rs772, settling at Rs288,151. These changes come in response to international gold rates, which climbed to $3,177 per ounce, including a $20 premium, up $9 from the previous day. Meanwhile, silver held steady at Rs3,377 per tola.

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Below is a snapshot of today’s gold prices:

Item Price Change New Price
Gold per tola +900 Rs336,100
Gold per 10 grams +772 Rs288,151

Recent price trends show some fluctuation, with a drop earlier in the week after reaching record highs:

Date Price
14-May Rs341,900
13-May Rs344,200
12-May Rs340,500
10-May Rs350,900
9-May Rs350,900
8-May Rs352,700
7-May Rs356,900

Gold prices had dipped by Rs800 per tola recently after touching an all-time high, but strong global demand is once again pushing local rates upward, drawing attention from investors.