KARACHI — Gold has reached an unprecedented milestone in Pakistan, crossing the Rs. 400,000 per tola mark for the first time in history. The surge comes on the back of sharp gains in the international market, where global prices spiked in just a single day.
According to bullion market data, the price of gold per ounce jumped by $59 in the international market, hitting $3,818. This international rally immediately translated into higher domestic rates. In Pakistan, the price of 24-karat gold soared by Rs. 5,900 per tola, pushing it to Rs. 403,600. Similarly, the price of 10 grams climbed by Rs. 5,058, reaching Rs. 346,021.
The sudden hike has sparked concerns among families planning weddings and buyers who traditionally purchase gold as a form of savings. For many households, the soaring cost has added yet another burden at a time of already high inflation.
Meanwhile, investors view the development differently. Many see the historic high as a signal that demand for gold remains strong and believe prices may continue to climb in the coming weeks if global momentum persists.
For Pakistan, this record-breaking figure underscores how deeply international market trends continue to shape local commodities, with gold now standing as both a source of anxiety for consumers and an opportunity for investors.
