Gold Rates Soar in Pakistan Today
Gold rate in tolas increases by Rs800 in Pakistan
In the bustling markets of Pakistan, gold prices surged on Wednesday, following a similar trend seen in the global market. The price of gold per tola spiked to a whopping Rs356,900, climbing Rs800 since the previous day.
Gold weighing 10 grams was traded at Rs305,984, representing an increase of Rs684, as per the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Yesterday, gold per tola had reached Rs356,100, marking a hike of Rs6,100.
This upward trend in gold prices was also mirrored in the international market on Wednesday. As per APGJSA, the international rate for gold stood at a staggering $3,385 per ounce (with a premium of $20), a rise of $8 throughout the day.
Silver prices per tola, however, remained steady at Rs3,482.
Insights:- Gold prices may fluctuate depending on the source, with some reports indicating prices as high as Rs364,700 and Rs312,680 for 24k gold, and Rs334,286 and Rs286,621 for 22k gold, respectively.- The price of gold per tola increased by at least Rs800 on May 7, 2025, as compared to May 6.
Comparison to Previous Days:The surge in gold prices is partially attributed to global market fluctuations. The international gold price increased by $8 on May 7, reaching $3,385 per ounce.
International Market Rates:Fluctuations in the international market play a significant role in determining gold prices in Pakistan.
The Market Situation:Gold prices in Pakistan have experienced some fluctuation in recent days, owing to global market trends. The prices are likely to keep adjusting in response to international rates and prevailing market conditions. Silver prices per tola remain consistent at Rs3,482.
Here's a table comparing gold prices:
| Gold Type | Price per Tola | Price per 10 Grams ||-----------|----------------|--------------------|| 24k Gold (Low) | Rs356,900 | Rs305,984 || 24k Gold (High) | (Unreported) | (Unreported) || 22k Gold | Rs334,286 | Rs286,621 |
(These prices represent variations in reporting and may differ according to the source.)
- In the international market on Wednesday, the price of gold per ounce stood at an astounding $3,385, reflecting a surge of $8 throughout the day, while silver prices per tola remained steady at Rs3,482.
- In Pakistan's bustling markets, gold prices per tola soared to a remarkable Rs356,900 on Wednesday, marking an increase of Rs800 since the previous day, even as silver prices held steady.
- Concurrently in the global market, gold prices per ounce also displayed a noteworthy increase, reaching arond $3,385 on Wednesday, according to the APGJSA.
- The price of gold weighing 10 grams in Pakistan was traded at Rs305,984 on Wednesday, up Rs684 from the previous day's price, while silver prices per tola remained consistent at Rs3,482.
