As reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold prices in Pakistan increased on May 16, 2025.
The price per tola (approximately 11.66 grams) rose by Rs900, reaching Rs336,100. In addition, the price for 10 grams of gold also increased by Rs772, closing at Rs288,151. This rise in prices followed a significant drop the previous Thursday, when the per-tola price fell by Rs6,700, settling at Rs335,200.
The domestic surge mirrors a positive trend in the international market, where gold prices climbed by $9 to $3,177 per ounce, with an additional $20 premium, as reported by the APGJSA. The rise aligns with global economic factors, including U.S. dollar fluctuations and investor demand for safe-haven assets.
Read: Gold Prices in Pakistan Drop for Second Day Amid Global Decline
In contrast, silver prices in Pakistan remained unchanged, with the per-tola rate steady at Rs3,377. This stability follows a recent decline, suggesting a cautious market for silver investors.
Gold’s appeal in Pakistan remains strong, driven by inflation concerns and cultural demand for jewellery. The APGJSA’s data underscores the role of metal as a hedge against economic volatility. Investors are advised to monitor global trends, as further price shifts are likely.
With gold prices rebounding, analysts expect continued volatility tied to international markets and local demand. The APGJSA will provide updates as conditions evolve.