Gold Rate Today in Pakistan Reaches Record Rs 2,555 Amid Rising Tensions

Karachi, June 19, 2025 – Gold prices in Pakistan have witnessed a notable uptick over the past four days, driven by escalating geopolitical tensions and a bullish international market. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola reached Rs. 359,055 today, marking a cumulative increase of Rs. 2,555 since June 15, 2025. This surge reflects global trends, with international gold rates climbing due to safe-haven demand amid the Israel-Iran conflict.

Today’s Gold Rates (June 19, 2025):

24K: Rs. 359,055 per tola, Rs. 307,832 per 10 grams
22K: Rs. 329,219 per tola, Rs. 282,180 per 10 grams
21K: Rs. 314,254 per tola, Rs. 269,353 per 10 grams
20K: Rs. 299,290 per tola, Rs. 256,527 per 10 grams
18K: Rs. 269,361 per tola, Rs. 230,874 per 10 grams

Price Movement Over Last 4 Days:

June 15, 2025: Rs. 356,500 per tola (24K)
June 16, 2025: Rs. 363,510 per tola (24K), up by Rs. 7,010
June 17, 2025: Rs. 362,300 per tola (24K), down by Rs. 1,210
June 18, 2025: Rs. 360,600 per tola (24K), down by Rs. 1,700
June 19, 2025: Rs. 359,055 per tola (24K), down by Rs. 1,545 (as provided)

Net Increase: From June 15 to June 19, the price of 24-karat gold per tola rose by Rs. 2,555, while the 10-gram rate for 24K gold increased from Rs. 305,600 to Rs. 307,832, a gain of Rs. 2,232. The 22-karat gold per tola saw a similar trend, rising from Rs. 326,792 to Rs. 329,219, up by Rs. 2,427.

What’s Driving the Surge?

Global Market Rally: International gold prices jumped to $3,414 per ounce by June 16, spurred by fears of escalation between Israel and Iran, pushing investors toward safe-haven assets like gold.
Local Demand: Pakistan’s jewelry market, gearing up for the wedding season, has seen heightened demand, further fueling price hikes.
Currency Fluctuations: The Pakistani rupee’s volatility against the US dollar has amplified local gold prices, as the metal is traded globally in dollars.

Expert Insights: “Gold’s appeal as a safe-haven asset is undeniable right now. The Middle East conflict, coupled with uncertainty in global markets, is keeping prices elevated,” said Muhammad Qasim Shikarpuri, President of the All Pakistan Sarafa Gems and Jewellers Association. He added that prices may stabilize if geopolitical tensions ease but could climb further if conflicts persist.

Impact on Consumers: The price hike has left buyers cautious, with many delaying jewelry purchases. “I was planning to buy gold for my daughter’s wedding, but these rates are too high now,” said Ayesha Khan, a shopper in Lahore’s Sarafa Bazaar. Meanwhile, investors are capitalizing on the rally, with some selling gold bars to lock in profits.

Silver Prices: Silver, often moving in tandem with gold, saw a modest rise. On June 19, 24-karat silver per tola was priced at Rs. 3,787, up by Rs. 7 from June 16.

Outlook: Analysts predict gold prices may remain volatile in the coming days, with international rates projected to hover between $3,266 and $3,695 by July 2025. Local traders advise consumers to monitor global developments closely before making purchase decisions.

Conclusion: The recent gold price surge underscores its role as a hedge against uncertainty. While investors may find opportunities, consumers face higher costs. With Pakistan’s newly discovered gold reserves in Attock gaining attention, local production could eventually influence prices, but for now, global factors dominate the market.