The price of gold in Pakistan has increased once again, continuing its upward trend over the past few weeks. According to recent reports, the rate of 24-karat gold per tola is now between Rs. 423,500 and Rs. 431,000, depending on the city and market. This rise shows how gold remains one of the most valuable and in-demand assets for Pakistanis, especially during times of economic uncertainty.
Gold has always been a symbol of wealth and security in Pakistan. Many people buy gold jewelry for weddings, savings, or investment purposes. As the price goes higher, it becomes more difficult for ordinary buyers to afford it, but those who already own gold benefit because its value increases.
Latest Gold Rates in Pakistan
| Gold Type | Price (PKR per tola) |
|---|---|
| 24 Karat Gold | Rs. 423,500 – Rs. 431,000 |
| 22 Karat Gold | Rs. 388,000 – Rs. 395,000 |
| 21 Karat Gold | Rs. 370,000 – Rs. 378,000 |
(Note: Prices may vary slightly in cities like Karachi, Lahore, Islamabad, and Peshawar.)
Why Are Gold Prices Increasing?
There are several reasons behind the current rise in gold prices in Pakistan:
- Higher international gold rates – When global prices rise, local markets follow.
- Pakistani Rupee depreciation – A weaker rupee makes imported gold more expensive.
- Inflation and economic uncertainty – People buy gold as a safe investment when inflation is high.
- Increased demand – The wedding season also boosts the demand for gold jewelry.
These combined factors have pushed gold prices to record highs in the local market.
Impact on the Public
For many families, gold is an important part of financial security. However, the continuous increase in prices means that people will have to spend more to buy jewelry or gold bars. On the other hand, investors and those who already own gold are seeing good profits because the value of their assets is rising.
Conclusion
The gold price in Pakistan continues to climb, reaching over Rs. 423,000 per tola for 24-karat gold. This trend is driven by global market changes, the weak rupee, and rising demand. People are advised to check daily gold rates before buying or selling. For now, gold remains a valuable but costly investment for Pakistanis who see it as a symbol of wealth and financial safety.
