Gold prices in Pakistan surged to an unprecedented Rs. 390,000 per tola on Wednesday, April 23, 2025. The sharp rise reflects growing investor demand amid economic uncertainty. The All Pakistan Sarafa Gems and Jewelers Association reported the latest rates, marking another milestone in gold’s record-breaking rally. Analysts attribute the surge to global market trends and local inflationary pressures.
10-Gram and 1-Gram Gold Rates Also Climb
The 24-karat gold rate for 10 grams reached Rs. 334,370, while the per-gram price stood at Rs. 33,437. This upward trend aligns with international gold movements, reinforcing the metal’s appeal as a safe-haven asset. Investors continue to favor gold amid currency fluctuations and stock market volatility, driving prices to new highs.
Gold Rates in Pakistan (24K)
| Measurement | Price (PKR) | Change |
|---|---|---|
| 1 Tola | Rs. 390,000.00 | ▲ Record High |
| 10 Grams | Rs. 334,370.00 | ▲ Rising |
| 1 Gram | Rs. 33,437.00 | ▲ Rising |
| Silver (1 Tola) | Rs. 3,441.00 (Stable) | ▬ No Change |
Factors Behind the Price Surge
Economic instability, rising inflation, and geopolitical tensions are key contributors to gold’s rally. Central bank policies and speculative trading further amplify demand. With global gold prices also rising, Pakistan’s market mirrors the bullish trend. Experts suggest the uptrend may persist unless macroeconomic conditions stabilize.
Also Read: Gold Price Hits Record High at Rs 363,700 Per Tola
Outlook for Gold Investors
Gold’s relentless ascent indicates strong investor confidence in its long-term value. While short-term corrections are possible, the overall trend remains upward. Financial advisors recommend cautious investment strategies, balancing gold holdings with other assets. As prices break records, market watchers await further developments in global and domestic economies.
Last 15 Days Gold Rates in Pakistan
Pure Gold (24K) per Tola
| Date | Closing Rate (PKR) | Day High (PKR) | Day Low (PKR) |
|---|---|---|---|
| 23 Apr 2025 | 390,000 | 390,000 | 390,000 |
| 22 Apr 2025 | 390,000 | 390,350 | 389,800 |
| 21 Apr 2025 | 379,000 | 379,350 | 378,800 |
| 20 Apr 2025 | 360,300 | 360,300 | 360,300 |
| 19 Apr 2025 | 360,300 | 360,300 | 360,300 |
| 18 Apr 2025 | 360,300 | 360,650 | 360,100 |
| 17 Apr 2025 | 357,900 | 358,250 | 357,700 |
| 16 Apr 2025 | 352,200 | 352,550 | 352,000 |
| 15 Apr 2025 | 343,200 | 343,550 | 343,000 |
| 14 Apr 2025 | 341,500 | 341,850 | 341,300 |
| 13 Apr 2025 | 333,550 | 333,550 | 333,550 |
| 12 Apr 2025 | 333,550 | 333,550 | 333,550 |
| 11 Apr 2025 | 333,550 | 333,550 | 333,550 |
| 10 Apr 2025 | 333,550 | 333,900 | 333,350 |
| 09 Apr 2025 | 328,400 | 328,750 | 328,200 |
Key Observations:
- Record High: Gold reached Rs. 390,000/tola on 23rd April 2025
- Biggest Jump: Rs. 18,700 increase from 20th to 21st April
- Stable Period: Rates remained steady around Rs. 333,550 from 9th to 13th April
- Recent Volatility: Significant price movements in the last week (15th-23rd April)
Conclusion
Gold’s latest peak at Rs. 390,000 per tola underscores its dominance in Pakistan’s financial markets. With economic uncertainties persisting, demand for gold is unlikely to wane soon. Investors should stay informed and adapt to evolving market conditions while capitalizing on gold’s enduring stability.