Gold prices in Pakistan have witnessed yet another increase this week, reflecting changes in the international gold market and domestic demand. On Wednesday, the price of 24 karat per tola gold rose by Rs. 1,000, reaching Rs. 277,000 compared to Rs. 276,000 on the previous trading day, as reported by the All Sindh Sarafa Jewellers Association.
Similarly, the price of 10 grams of 24 karat gold surged by Rs. 858, climbing from Rs. 236,625 to Rs. 237,483. The rate for 10 grams of 22 karat gold also experienced an uptick, rising to Rs. 217,693 from Rs. 216,907.
Interestingly, silver prices remained unchanged, with the cost of per tola silver steady at Rs. 3,350 and ten grams fixed at Rs. 2,872.08.
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The gold price hike is not limited to Pakistan; the international gold market also saw a rise. The global rate increased by $10, going from $2,642 to $2,652 per ounce.
Gold Prices in Pakistan – Key Updates (January 2025)
| Gold/Silver Type | Price (Current) | Previous Price |
|---|---|---|
| 24 Karat Gold (Per Tola) | Rs. 277,000 | Rs. 276,000 |
| 24 Karat Gold (10 Grams) | Rs. 237,483 | Rs. 236,625 |
| 22 Karat Gold (10 Grams) | Rs. 217,693 | Rs. 216,907 |
| Silver (Per Tola) | Rs. 3,350 | Rs. 3,350 |
| Silver (10 Grams) | Rs. 2,872.08 | Rs. 2,872.08 |
What This Means for Buyers
The rising gold prices signal a challenging period for buyers, especially those planning weddings or investments in gold jewelry. Additionally, the increase highlights how global market trends impact local rates, making it crucial for investors and consumers to stay updated on these changes.
Conclusion
Gold prices in Pakistan continue to follow international market trends, with a steady rise seen this week. For potential buyers, monitoring these fluctuations can help make informed decisions about investments or purchases.
