Gold prices in Pakistan surged sharply on Monday, May 5, 2025, as reported by the All Pakistan Sarafa Gems and Jewellers Association.
The rate of 24-karat gold per tola jumped by Rs. 7,800, reaching a new high of Rs. 350,000. Similarly, the price of 10 grams of 24-karat gold rose by Rs. 6,687 to settle at Rs. 300,068, while 10 grams of 22-karat gold increased by Rs. 6,130, now priced at Rs. 275,072.
The international market also showed bullish momentum, with gold trading at $3,316 per ounce, reflecting a $76 increase. Analysts attribute the continued upward trend in gold prices to investor demand amid prevailing economic uncertainties and global market dynamics.
Silver followed a similar trajectory. The price of 24-karat silver per tola rose by Rs. 43 to reach Rs. 3,425. Additionally, 10 grams of silver now cost Rs. 2,936, an increase of Rs. 37. On the international front, silver was up by $0.43, trading at $32.43 per ounce.
These precious metal rates are determined based on the latest interbank exchange rates and are closely watched by traders and investors alike as indicators of market sentiment and inflationary trends.
