Gold prices in Pakistan have surged to a historic peak, hitting Rs314,000 per tola on Friday, March 14, 2025, as global demand and international rates push local markets to new heights. Today Pakistan News reports on this unprecedented climb, reflecting a single-day jump of Rs4,700, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The spike mirrors a $46 per ounce increase in the international bullion market, where gold reached $2,988 (with a $20 premium), driven by tariff uncertainties and expectations of U.S. Federal Reserve policy easing. Locally, 10 grams of 24-karat gold rose by Rs4,030 to Rs269,204, while 22-karat gold hit Rs246,779 per 10 grams. Silver also climbed, with one tola reaching Rs3,530—a Rs90 uptick.
“Global purchases are fueling this record rally,” says Karachi-based jeweler Usman Qureshi. “Pakistan, as a net gold importer, feels the ripple effect instantly.” Yesterday’s Rs2,800 per tola rise had already set a high bar, but Friday’s leap underscores gold’s safe-haven appeal amid economic flux. With the Pakistani rupee at 280.592 to the USD (March 12 rate), currency dynamics further amplify local costs.
For Pakistanis—from investors to brides-to-be—this surge reshapes financial plans. “Gold’s value is undeniable, but affordability is a growing concern,” Qureshi notes. Today Pakistan News will track these trends—share your insights at todaypakinews@gmail.com as gold rewrites records in 2025.
