Gold prices in Pakistan witnessed a significant spike on Tuesday, July 1, 2025, driven by a surge in international market rates.
According to the latest figures from the Sarafa Association, the price of gold per tola jumped by Rs6,600, bringing the local market rate to Rs356,800. Similarly, the price for 10 grams of gold increased by Rs5,658, reaching Rs305,898.
Read more: Gold Prices Slashed by Rs5,000 in Pakistan Amid Global Market Dip
This steep rise follows a smaller gain recorded on Monday, when gold prices climbed by Rs800 to close at Rs350,200 per tola.
Globally, gold experienced a strong rally, rising by $66 to reach $3,348 per ounce, which includes a $20 premium, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). Silver prices also edged up, with an increase of Rs52 per tola, now priced at Rs3,834.
Analysts attribute the ongoing upward trend to persistent global economic instability, prompting investors to turn to gold and silver as safe-haven assets.
