Gold prices in Pakistan moved up in line with the upward trend in international markets on June 4, 2025, according to the Saraffa Association.
The gold prices remained stable in Karachi on Wednesday, offering no major fluctuations in both local and international markets.
According to local dealers, the price of 24-karat gold stood unchanged at Rs 354,100 per tola, while ten grams of gold remained steady at Rs 335,583.
The calm trend in pricing continued in the global bullion market as well, where gold was recorded at $3,357 per ounce, without any variation.
Traders attributed the price stability to a wait-and-see approach in international markets and a balanced supply-demand situation locally.
Investors are watching for global economic signals and potential interest rate changes before making further moves.
A day earlier, gold rates in Pakistan climbed up by Rs 1,000 per tola as local and international markets report a continued upward trend.
According to the All Sindh Sarafa Jewelers Association, one tola of gold now costs Rs 354,100, compared to the previous rate of Rs 353,100 – an increase driven by global demand.
Similarly, the price of 10 grams of gold rose by Rs 857, pushing the new rate to Rs 303,583, reflecting a consistent upward trend in the domestic market.
The increase in gold prices in Pakistan follows the global market trend. Internationally, gold went up by $10, reaching $3,357 per ounce.
Analysts say the rise in international prices is due to uncertainty in global markets, increased demand for safe assets, and ongoing concerns about inflation and interest rate policies.
Jewellers say people are still buying gold in smaller quantities ahead of Eid ul Adha, while many are also investing in gold due to its stable long-term value.
Silver rates
Meanwhile, silver prices also increased. In Karachi, silver per tola rose by Rs 130, reaching Rs 3,586, while the 10-gram price also saw a slight increase.
Gold traders expect prices to remain volatile in the coming weeks due to global economic factors. Buyers are advised to stay updated and make informed investment decisions.
This increase affects not only investors but also people preparing for weddings or big purchases, making gold even less affordable for the average customer.