Saturday, May 17, 2025

Gold prices rise for second consecutive day in Pakistan

Gold prices in Pakistan surged for a second day in a row on Saturday, even as international markets saw a dip on the last business day of the week.

According to market updates, the price of 24-karat gold per tola rose by Rs2,400, settling at Rs338,500.

- Advertisement -

Meanwhile, the 10-gram rate increased by Rs2,058, reaching Rs290,209. The rate for 22-karat gold now stands at Rs312,766 per tola.

Today’s Gold Prices in Pakistan:

Gold Type Price Change
24K per tola Rs338,500 +2,400
24K per 10 grams Rs290,209 +2,058
22K per tola Rs312,766

Gold Prices Over the Week:

Date 24K Price
15-May Rs335,200
14-May Rs341,900
13-May Rs344,200
12-May Rs340,500
10-May Rs350,900
9-May Rs350,900
8-May Rs352,700

Globally, gold rose by $24 on Saturday, closing at $3,201 per ounce, including a $20 premium, according to APGJSA. Silver also moved upward locally, increasing by Rs33 to settle at Rs3,410 per tola.

Experts believe the rise in gold prices is driven by global economic uncertainty and fluctuating demand, which are also influencing Pakistan’s local bullion market.