Gold price in Pakistan experienced a significant surge on Wednesday, with the value of 24-karat gold reaching Rs287,450 per tola. This marks an increase of Rs4,250 from the previous day, showcasing the market’s growing momentum.
Current Gold and Silver Rates in Pakistan
The 24-karat gold per 10-gram rate also witnessed a notable rise, climbing to Rs246,440 after a gain of Rs3,642. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 22-karat gold increased to Rs225,911 per 10-gram.
Silver prices followed a similar trend in the domestic market. The 24-karat silver rate climbed to Rs3,431 per tola, reflecting a rise of Rs59, while the 10-gram rate increased by Rs51, reaching Rs2,941.
Historical Gold and Silver Trends
The following data highlights recent price movements:
| Metal (24-karat per tola) | Jan 22, 2025 | Jan 21, 2025 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 287,450 | 283,200 | 4,250 | 14,050 | 45,750 | 14,850 |
| Silver | 3,431 | 3,372 | 59 | 81 | 581 | 81 |
Globally, spot gold prices remained strong, trading near $2,754 an ounce—an increase of $9.6 or 0.35% compared to the prior session.
Global Gold Price Surge and Safe Haven Demand
Gold prices have reached their highest point in over 11 weeks, nearing last year’s record-breaking levels. The surge is driven by increased demand for safe-haven assets amid global uncertainty surrounding trade policies and a weaker U.S. dollar.
Future Outlook for Gold Prices
Analysts predict that gold prices may continue to rise due to ongoing geopolitical uncertainties, global inflationary pressures, and a potential slowdown in economic growth. In Pakistan, currency depreciation and import restrictions further impact gold rates, making it essential for investors and consumers to monitor market trends closely.
For more updates on gold trends and insights, visit Daily Gold Signal. Explore our Daily Gold Update section to stay informed about market shifts and expert predictions.
