KARACHI – April 16, 2025: Gold prices in Pakistan saw a significant surge today, with the per tola price jumping by Rs. 8,600, as reported by the All Pakistan Gems and Jewellers Association.
After the sharp increase, the new price of 24-karat gold stands at Rs. 348,000 per tola, while the price for 10 grams of gold has reached Rs. 298,353, following a Rs. 7,373 hike.
The local rise in gold prices mirrors the trend in the international market, where the price of gold per ounce surged by $86, pushing the global rate to $3,310 per ounce.
Today’s Gold Price Fluctuation – April 16, 2025
| Gold Type | Price Increase | New Rate |
|---|---|---|
| 24K Gold (1 Tola) | Rs. 8,600 | Rs. 348,000 |
| 24K Gold (10 Gram) | Rs. 7,373 | Rs. 298,353 |
| Gold per Ounce (Intl.) | $86 | $3,310 |
The sudden increase in gold prices is influenced by ongoing global economic concerns, currency fluctuations, and rising investment demand in precious metals.
Why Is Gold Price Rising?
Gold rates often respond to a combination of factors such as:
- Global inflation trends
- Weakening of local currency
- Increased investment in safe-haven assets
- Fluctuations in international gold markets
Investors and buyers in Pakistan are advised to keep a close eye on the market, especially during such high-volatility periods.
Stay updated with daily gold price updates and market trends to make informed buying and selling decisions.
