Gold Prices Continue to Rise for Third Straight Day in Pakistan and Globally

ISLAMABAD – May 7, 2025: Gold prices have continued their upward trend both globally and in Pakistan for the third day in a row. This increase is being driven by growing investor demand and ongoing market uncertainty.

According to reports, the international price of gold rose by $8 per ounce, reaching a new high of $3,385 per ounce. Analysts say the rise is due to global economic uncertainty, which is pushing investors toward safe-haven assets like gold.

In line with the global market, gold prices in Pakistan also saw a significant increase. In the local bullion market:

• The price of 24-karat gold per tola increased by Rs800, now priced at Rs356,900 per tola.

• The price of 10 grams of 24-karat gold increased by Rs684, now standing at Rs305,984.

Meanwhile, silver prices remained unchanged in the local market:

• 1 tola of silver is still priced at Rs3,482.

• 10 grams of silver remains steady at Rs2,985.

Experts believe that gold prices may remain volatile in the coming days due to ongoing geopolitical tensions and rising inflation worldwide. Investors are expected to continue turning to precious metals for safety amid the current global financial instability.