Gold prices in Pakistan surged to an all-time high on February 19, 2025, reflecting a significant rise in both local and international markets. The price of 24-karat gold per tola reached Rs. 308,000, marking an increase of Rs. 3,800 in a single day. The 10-gram price of 24K gold also jumped to Rs. 264,060, while 22K gold per 10 grams is now Rs. 242,063.
Gold Rate Today in Pakistan – Latest Market Update
- 24K Gold per tola: Rs. 308,000 (+Rs. 3,800)
- 24K Gold per 10 grams: Rs. 264,060 (+Rs. 3,258)
- 22K Gold per 10 grams: Rs. 242,063 (+Rs. 2,986)
International Gold Prices Hit New High
The global gold market also experienced an upward trend. The international gold rate rose to $2,944 per ounce, registering a gain of $34.
Silver Prices Also Skyrocket in Pakistan
- 24K Silver per tola: Rs. 3,440 (+Rs. 90)
- 24K Silver per 10 grams: Rs. 2,949 (+Rs. 77)
- International Silver per ounce: $32.96 (+$0.51)
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Why Are Gold Prices Increasing?
Several factors are driving the price hike in the gold market:
- Global Economic Uncertainty: Investors prefer gold as a safe asset.
- Weak Pakistani Rupee: The USD to PKR exchange rate is affecting local gold rates.
- Rising Inflation: High inflation is boosting gold demand.
- Geopolitical Tensions: International conflicts and economic instability are influencing gold price trends.
Impact of High Gold Prices on Pakistani Market
The record-high gold price in Karachi, Lahore, and Islamabad is impacting the local jewelry market. Many customers are avoiding purchases due to high costs, while investors are using gold as a hedge against inflation.
Gold Price Forecast – Will Rates Continue to Rise?
Analysts predict further fluctuations in gold prices in the coming weeks. The market will depend on global economic policies, inflation trends, and exchange rates.
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