On April 9, 2025, gold prices in Pakistan increased by Rs3,000 per tola, reaching Rs321,000. This surge was influenced by a $30 rise in international rates, now at $3,040 per ounce.
Recent market reports indicate that the cost of 10 grams has increased by Rs2,572, reaching Rs275,205. This ongoing rally places pressure on consumers, making gold, a traditionally inflation-proof favourite, more difficult to afford.
Jewellers point to global economic jitters and a weakening Pakistani rupee as key culprits. With geopolitical tensions simmering, gold remains a go-to haven, but the steep prices are sidelining traditional buyers. “Wedding jewellery is becoming a distant dream for many,” one jeweller noted, highlighting the nationwide financial pinch.
Read: Gold Prices in Pakistan Drop Rs2,000 Per Tola Amid Global Decline
The upward trend tracks a broader global rush to gold amid uncertainty. For Pakistanis, though, it’s a double blow: rising costs and a shaky currency. As prices climb, the gap widens between gold’s allure and accessibility, leaving buyers scrambling.
