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Reading: Gold Prices Surge by Rs 6,100 Per Tola Pakistan
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Gold Prices Pakistan
PhotoNews Pakistan > Business > Gold Prices Surge by Rs 6,100 Per Tola Pakistan
Business

Gold Prices Surge by Rs 6,100 Per Tola Pakistan

Web Desk
By Web Desk Published May 6, 2025 2 Min Read
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Photo Credits: ARY
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Gold prices in Pakistan and globally skyrocketed on May 6, 2025, with a Rs6,100 per tola increase locally and a $61 per ounce jump internationally, driven by geopolitical tensions and inflation fears.

The All Pakistan Sarafa Gems and Jewellers Association reported an increase of Rs 6,100 per tola, with silver and other metals also rising.

On May 6, 2025, the price of 24-karat gold in Pakistan jumped by Rs6,100 per tola to Rs356,100, while 10 grams rose by Rs5,232 to Rs305,300, according to the All Pakistan Sarafa Gems and Jewellers Association, as cited by Dawn. Silver also climbed, with one tola up Rs57 to Rs3,482 and 10 grams increasing Rs22 to Rs2,985. The sharp rise reflects heightened investor confidence in precious metals as a hedge against economic and geopolitical volatility.

Read: Gold Prices Surge Rs350,000 in Pakistan in May 2025

Internationally, gold surged $61 to $3,377 per ounce, with spot gold last at $3,372.01, up 1.2%, hitting its highest since April 22, per Reuters. Spot silver rose 1.3% to $32.92 per ounce, while platinum gained 1.7% to $975.75 and palladium 0.8% to $948. Analysts, quoted by Bloomberg, attribute the rally to safe-haven buying triggered by geopolitical tensions, including India-Pakistan friction, and persistent inflationary pressures fueling demand for stable assets.

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