Gold Rate

Gold prices surge in Pakistan, June 13, 2025

24K gold hits Rs356,900 per tola; international rates climb as investors seek safe havens

Gold prices in Pakistan continued their upward trend on June 13, 2025, mirroring gains in international markets as investors turned to safe-haven assets amid escalating tensions between Iran and Israel. According to the Saraffa Association, the price of 24-karat gold rose by Rs4,000, reaching Rs356,900 per tola, while 10 grams of gold traded at Rs305,984.

Silver rates remained unchanged, with one tola priced at Rs3,745. Across major cities—including Karachi, Lahore, Islamabad, Peshawar, Quetta, Sialkot, Hyderabad, and Faisalabad—gold was uniformly priced at Rs356,900 per tola, with silver at Rs3,380 per tola.

This week’s gold price movement showed volatility, with rates fluctuating from Rs347,500 on May 22 to Rs356,900 on June 13. Market experts linked the instability to global bullion trends and the Pakistani rupee’s performance against the US dollar.

In contrast, the Gold and Jewelry Association of Pakistan reported a sharp decline earlier, with gold prices dropping by Rs6,100 per tola to Rs352,300 and 10 grams falling by Rs5,230 to Rs302,040. Analysts attributed the dip to international market shifts and domestic economic conditions.

Globally, gold traded at $3,339 per ounce, down $61, influenced by a stronger US dollar and geopolitical developments. Experts advise caution, predicting continued volatility in the near term. The recent price drop may spur buying activity, but further economic shifts could alter the trend.

For now, investors and consumers are closely monitoring the market for opportunities amid the ongoing fluctuations.

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