The gold market in Pakistan continued to show signs of volatility on May 10, 2025, as ongoing regional tensions influenced investor sentiment. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), rates experienced slight fluctuations, reflecting uncertainty in both local and global markets.
Latest Gold Prices Announced
On Saturday, the price of 24-karat gold per tola was reported at Rs 241,500. Meanwhile, 10 grams of 24-karat gold traded at Rs 207,047. The rate for 22-karat gold stood at approximately Rs 189,126 per 10 grams, commonly used in jewellery.
Global Factors Impact Local Rates
Gold prices in Pakistan are closely tied to international market trends. The recent instability in South Asia, especially after military operations between Pakistan and India, has increased demand for safe-haven assets. As a result, both global and domestic investors are turning to gold to shield their wealth from uncertainty.
Dollar Fluctuations Also a Key Factor
Besides geopolitical risks, the fluctuating US dollar rate has had a direct impact on the local bullion market. As the rupee continues to face pressure, the cost of importing gold rises, pushing domestic rates higher. Experts warn that any further depreciation could drive prices up further in the coming days.
Read: Indian Stock Market Suffers $83 Billion Loss as Tensions With Pakistan Escalate
Investment Trends Shifting
With stock markets under pressure and real estate growth slowing, many Pakistani investors are now diversifying their portfolios by including gold. Jewellers report a slight rise in demand for smaller gold items, while large purchases remain cautious due to high prices.
Advice for Buyers and Sellers
Traders suggest monitoring daily rates closely and consulting with trusted jewellers before making any purchases. While long-term investors may still see gold as a stable option, short-term buyers should stay alert to sudden market movements.
As Pakistan navigates a period of heightened tension and economic uncertainty, gold continues to serve as a key indicator of public confidence and financial security
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