Gold rates in Pakistan witnessed an unprecedented rally on Friday, with gold prices exploding by over Rs 10,000 per tola in a historic single-day surge, driven by a massive spike in the international market.
According to data from the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola skyrocketed by an astonishing Rs. 10,700, closing at a new high of Rs. 454,262.
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The surge was equally dramatic for other gold measures. 24-karat gold per 10 grams jumped by Rs. 9,174 to Rs. 389,456, while 22-karat gold per 10 grams soared by Rs. 8,410, reaching Rs. 357,014.
This extraordinary domestic leap was fueled by a monumental rally on the global stage. The international gold price per ounce surged by a staggering $107, breaking past the $4,300 mark to settle at $4,319.
Gold Rate in Pakistan – Gold Price Today Live Updates
Silver prices also posted significant gains, though overshadowed by gold’s record run. Domestically, silver per tola (24Kt) rose by Rs. 232 to Rs. 6,684, and silver per 10 grams increased by Rs. 199 to Rs. 5,730.
READ: Gold Prices in Pakistan record gains, rise Rs 500 per tola
Internationally, the silver price per ounce climbed by $2.32 to $64.12.
The Association confirmed that local rates are calculated based on interbank exchange rates. The prices listed are for a purity of 999 (24K).
Market analysts described the move as “historic” and “extraordinary,” likely triggered by a severe rush to safe-haven assets amid a major global financial event, sharp currency devaluation fears, or a significant geopolitical escalation.
