Islamabad 10 August: Gold prices have soared globally in 2025, rallying 25% year-to-date and outperforming equity markets, supported by geopolitical tensions, inflation fears, central bank buying, and safe-haven demand.
In recent sessions, prices hit a fresh record high of $3,534 per ounce.
Citi has revised its short-term forecast upwards, projecting gold could reach $3,500 per ounce amid economic uncertainty. Some analysts even anticipate a rally to $4,000 by mid-2026, while forecasts for the next few years range from $3,500–$3,900 in 2026, and potentially up to $5,155 by 2030.
In Pakistan, gold has mirrored this global trend. The price per tola rose to around PKR 362,850 (approx. Rs 311,090 per 10 grams) as of August 10, 2025, reflecting strong international momentum and a weaker rupee.
READ MORE: Gold Rate in Pakistan Today – 9th August, 2025
Future Outlook: Gold is expected to remain a favored hedge if economic and geopolitical uncertainties persist. Upward momentum may continue—though tempered if global growth stabilizes. Forecasts extend from modest gains up to mid-2025, to potentially substantial upside by 2026 and beyond.
