Gold prices in Pakistan increase by Rs4,000 per tola.
Gold Prices Soar in Pakistan's Local Market on June 12, 2025
Gold rates in Pakistan witnessed a significant boost on Thursday, mirroring international market trends. A single tola of gold set the Pakistani market back a whopping Rs356,900, gaining an impressive Rs4,000 during the day.
As reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price for a 10-gram gold piece increased by Rs3,430, selling at Rs305,984.
The previous day, gold prices had already reached Rs352,900 per tola, a gain of Rs600.
In the global market, gold prices also surged on Thursday, reaching $3,375 per ounce with a $20 premium, according to APGJSA. This figure represents a $30 increase.
Unlike gold, silver prices remained stable at Rs3,745 per tola.
Insights from Enrichment Data:
- The increase in gold prices in Pakistan on June 12, 2025, can be attributed to global market trends as gold prices are known to fluctuate in response to international market conditions.
- On the same day, the international gold price closed at $3,364.70 per ounce, marking a 1.10% increase. This global price hike likely influenced the gold price surge in Pakistan, as the local market closely follows international trends.
On June 12, 2025, the surge in Pakistan's gold prices was also observed in the global market, with gold selling at $3,375 per ounce, marking a $30 increase over the previous day. Among the precious metals, silver prices remained relatively stable in Pakistan at Rs3,745 per tola. This trend in gold prices echoes changes in the international finance and industry sectors, as gold prices are often influenced by global market conditions.