Gold prices in Pakistan rose on February 16, 2025, reflecting global market trends. The price of 24-karat gold per tola reached Rs302,200, increasing by Rs1,700. The price for 10 grams of 24-karat gold climbed to Rs259,945, showing a rise of Rs1,458.
For 22-karat gold, the price stood at Rs238,283 per 10 grams.
International Gold Prices Also Rise
The international gold market also showed an upward trend. The global gold price for 5 grams stood at $2,900, registering an increase of $12.
Experts believe global economic uncertainties and inflation concerns are driving gold prices higher.
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Silver Prices Remain Stable
Silver rates in Pakistan remained stable. The price of 24-karat silver per tola stood at Rs8,350, showing no change. The price for 10 grams of silver remained at Rs2,872.08, with a minor fluctuation of Rs3.
On the international market, silver prices stood at $32.45 per 5 grams.
Market Experts Predict Further Fluctuations
Gold traders expect further fluctuations in the coming days. Muhammad Qasim Shikarpuri, President of the Gold Association, confirmed the latest prices. He noted that international market trends and currency fluctuations will continue to impact local gold rates.
Many investors are turning to gold as a safe investment amid economic instability. Jewelers report increased gold purchases despite high prices.
Public Reaction to Price Changes
Consumers are closely monitoring the rising prices. Many buyers are delaying purchases, hoping for a price drop. However, gold traders advise investors to act quickly as prices could rise further.
The rising gold and silver rates indicate ongoing economic shifts. Market analysts suggest keeping an eye on international trends for future price predictions.
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