Gold prices in Pakistan experienced a significant surge on Wednesday, January 22, 2025, with the price per tola rising by Rs4,250, reaching a new high of Rs287,450. This sharp increase reflects growing market momentum in the local gold market.
In addition, the price of gold per 10 grams rose by Rs3,642, settling at Rs246,440, according to the latest data from the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).
The previous day, Tuesday, saw a modest increase of Rs300, with the price of gold per tola closing at Rs283,200.
On the global front, gold prices also witnessed an upward trajectory. As reported by the APGJSA, the international gold rate stood at $2,751 per ounce, which includes a $20 premium. This marks a $40 increase compared to the previous day.
In parallel, silver prices also saw an uptick, with a rise of Rs59.4 per tola, bringing the silver rate to Rs3,431.
This surge in precious metal prices reflects broader trends in global markets, as investors respond to ongoing financial developments.
