Islamabad, 22 May, 2025: Gold prices in Pakistan continued their upward trajectory on Wednesday, recording a significant spike across all categories, as global bullion rates also saw a marked increase.

This rise comes amid sustained investor interest in safe-haven assets due to ongoing economic uncertainties.

Local Market Sees Steep Daily Hike

According to the All Pakistan Sarafa Gems and Jewellers Association, gold prices in Pakistan surged by Rs6,600 per tola for 24-karat gold, bringing the rate to Rs349,400 from the previous day’s Rs342,800. This represents one of the sharpest daily increases in recent weeks.

Similarly, the rate for 10 grams of 24-karat gold climbed by Rs5,659, settling at Rs299,554, up from Rs293,895.

READ MORE: Gold Prices of Pakistan today

In parallel, the price of 22-karat gold rose by Rs5,188 for 10 grams, reaching Rs274,601 from Rs269,413. This steady upward movement is being closely watched by traders and jewellers alike.

Silver Also Follows Upward Trend

In addition to the jump in gold, silver prices also experienced a notable increase. Per tola silver rose by Rs56, now priced at Rs3,466 compared to Rs3,410 a day earlier.

Likewise, the price of 10 grams of silver increased by Rs48, reaching Rs2,971 from Rs2,923. This reflects a broader bullish sentiment in the precious metals market.

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Global Influence on Domestic Prices

The sharp increase in gold prices in Pakistan is closely tied to the rally in the international bullion market.

Globally, gold prices jumped by $66 per ounce, reaching $3,310 from $3,244. Silver saw a parallel rise of $0.56, taking the global price to $33.08 per ounce.

READ MORE: Gold prices in Pakistan Today

Market analysts have attributed this global rise to ongoing inflation concerns and geopolitical tensions, which are pushing investors toward safer investment options. Local jewellers anticipate continued volatility as global trends influence domestic markets.

With gold prices in Pakistan continuing to show sharp daily variations, buyers and investors are advised to keep a close eye on the market as the precious metals landscape evolves.

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