Today’s latest Pakistani news related to gold prices in Pakistan 2025. Due to global factors in the gold market, there has been a significant decrease in the gold rates. In big cities like Karachi, Lahore, Islamabad and Faisalabad, the rate of 10 grams has been fixed at Rs 309,330.
Pakistan Sarafa Gems and Jewellers Association (APSGJA) has confirmed the rate of 22K gold at approximately Rs 330,700 per tola. Or approximately Rs 283,550 per 10 grams.
In the international market, the gold prices are approximately $3,399 per ounce, which is being traded. The rate of silver is stable in Pakistan. 24K silver is being priced at around Rs 4,013 per tola and Rs 3,440 per 10 grams.
International Gold Prices Trends and Predictions
The changes in gold price in the international market depend on the mood of the investors. But a slight decline has been observed in these rates.
On 12 August 2025, gold is traded at $3,399 per ounce in the international market. This slight decline in gold rates is basically due to the stable policy of the U.S. Federal Reserve and a slight reduction in the growth in inflation.
Due to the stable demand for silver in the industry, its international prices are also stable. Today silver rates are stable at $37.81 per ounce.
According to the experience of analysts, gold rates this year will remain in the range of $3,100 to $3,600 per ounce. Citigroup analysts estimate that if confidence in the global economy strengthens, gold could even go below $3,000.
HSBC estimates that by the end of the year, gold rates could average $3,175 per ounce.
Gold Prices Comparison: 24K vs. 22K vs. 18K
Purity | Rate (Per Tola) | Rate (Per 10 Grams) |
24K | Rs. 360,800 | Rs. 309,330 |
22K | Rs. 330,725 | Rs. 283,550 |
18K | Rs. 270,600 | Rs. 231,998 |
According to the latest updates from local market sources, 24-karat gold is trading near Rs. 360,800 per tola and approximately Rs. ₹309,330 per 10 grams.
In comparison, 22-karat gold is priced at about Rs. 330,725 per tola, or Rs. ₹283,550 per 10 grams.
And 18-karat gold comes in around Rs. 270,600 per tola and Rs. ₹231,998 per 10 grams.
Factors That Influence the Gold Prices
Several key elements consistently drive fluctuations in gold prices—both internationally and in Pakistan.
1. Interest Rates & U.S. Dollar Dynamics
Gold rates in Pakistan typically depend on dollar rates. Dollar has fallen or U.S. The rate is cut to reduce the rate of gold.
2. Geopolitical Tensions & Economic Uncertainty
Often political conflicts or regional instability such as India or Pakistan tensions increase gold demand among investors. This is evident in periodic surges in gold prices amid heightened geopolitical risk.
3. Trade Policy & Global Market Sentiment
Issues like US or China trade disputes bring uncertainty in the market due to which the rate of gold rises. During such periods gold tends to rally as a cushion against volatility.
4. Local Demand Patterns and Seasonal Trends
In Pakistan, demand for jewellery increases on the occasion of cultural events such as weddings. This directly impacts the gold price in the domestic market.
5. Inflation and Currency Pressures.
High inflation or fall in rupee pushes up local gold prices.
Gold Prices History – How Rates Have Changed Over Time
There have been many changes in gold prices in the last few decades. These changes have been influenced by economic cycles, political developments, and global events.
Here’s a brief timeline of key changes:
• 2015–2017:
Globally gold prices remained stable. Average price around $1,150–$1,300 per ounce thi. In Pakistan gold rates between PKR 45,000–53,000 per 10 grams thy.
• 2018–2019:
U.S. and due to trade tensions between China and international prices close to $1,500 per ounce or local prices above PKR 70,000.
• 2020:
During the COVID-19 pandemic, gold prices soared to near $2,070 per ounce in August, crossing PKR 120,000 in Pakistan.
• 2021–2022:
Prices remains slightly stable but remained high due to inflation concerns and supply chain disruptions.
• 2023–2025: Political instability, rupee depreciation, and global uncertainty pushed local prices beyond PKR 240,000 per 10 grams.
Gold Prices Forecast – What Experts Expect in 2025
Due to global economic uncertainties or inflation pressures, industry experts remain broadly optimistic about gold’s performance in 2025.
• HSBC raised its average gold price outlook to $3,215 per ounce (up from $3,015). But they are citing ongoing geopolitical and fiscal risks. According to them trading range of $3,100 to $3,600, with expected year-end price around $3,175.
• According to MarketWatch, gold prices are now visible. James Steele, HSBC’s chief metals analyst, said a slight correction is possible, but a long-term bullish view.
• According to The World Gold Council reports, gold grew by 26% in USD terms in the first half, modest growth of 0–5% in the second half or 10–15% upside in the worst case.
Together, these forecasts paint a picture of sustained gold strength, with moderate upside expected barring major shifts in global macro conditions.