Gold starts week with Big Jump, Per Tola Rate rises to Rs361,200 in Pakistan

Gold Prices In Pakistan Hit Record High Of Rs277200 Per Tola

KARACHI – Gold prices opened third week of July with Rs3600 single day gain, pushing the yellow metal to near record high in Pakistan.

According to market sources, the price of gold in Pakistan increased sharply by Rs3,600 per tola, bringing the new rate to Rs. 361,200 per tola. Likewise, the price of 10 grams of gold jumped by Rs. 3,087, now standing at Rs. 309,671.

Gold Type	Increase	New Price
Per Tola (24K)	Rs. 3,600	Rs. 361,200
10 Grams (24K)	Rs. 3,087	Rs. 309,671

The rally is in line with developments in the international market, where gold prices climbed by $36 per ounce, reaching $3,387 per ounce, reflecting growing investor confidence in the metal as a safe-haven asset.

Gold Prices Hit New Record High In Pakistan As Markets Reopen After Eid

This upward momentum follows a week of mixed movement in the local market. Last week, gold prices in Pakistan saw a steady climb, peaking at Rs. 359,700 on July 14, before slipping to Rs. 355,100 by July 17. Despite the midweek dip, the market closed slightly higher compared to the start of the period.

Date	Gold Price
17-July	Rs. 355,100
16-July	Rs. 356,000
15-July	Rs. 359,000
14-July	Rs. 359,700
12-July	Rs. 358,100
11-July	Rs. 357,000
10-July	Rs. 354,700

Analysts point to a mix of global economic uncertainty, currency fluctuations, and increased investor demand as key drivers behind this price spike. As economic concerns continue to loom and investors seek stability, gold remains a preferred store of value, which could keep upward pressure on prices in the days ahead.