On June 4, 2025, gold prices in Pakistan surged once again, following the lead of international bullion markets. According to the latest data from the All Pakistan Sarafa Association, the price of 24-karat gold per tola reached Rs354,100, marking an increase of Rs1,000 in a single day. This upward movement continues the trend seen over the past week as gold remains a safe haven for investors amid economic uncertainty.
Notably, the rate for 10 grams of 24k gold also jumped to Rs303,583, reflecting the same bullish trend. Gold prices have been riding the wave of rising international spot rates and a weakening Pakistani rupee, which makes imported commodities like gold more expensive.
Here’s a quick overview of today’s gold and silver prices across major cities in Pakistan:
Today’s Gold & Silver Rates in Major Cities – June 4, 2025
City | Gold Rate (24K/Tola) | Silver Rate (Per Tola) |
---|---|---|
Karachi | Rs354,100 | Rs3,380 |
Lahore | Rs354,100 | Rs3,380 |
Islamabad | Rs354,100 | Rs3,380 |
Peshawar | Rs354,100 | Rs3,380 |
Quetta | Rs354,100 | Rs3,380 |
Sialkot | Rs354,100 | Rs3,380 |
Hyderabad | Rs354,100 | Rs3,380 |
Faisalabad | Rs354,100 | Rs3,380 |
Why Are Gold Prices Rising?
Experts point to global economic tensions, inflation fears, and an unstable currency market as the main reasons behind this sharp increase. The Pakistani rupee’s performance against the US dollar plays a crucial role in determining domestic gold rates. When the rupee weakens, gold becomes more expensive to import, pushing local prices higher.
In addition, the price of silver has also seen a hike—rising by Rs130 per tola, bringing it to Rs3,586 per tola, signaling strong demand in the market.
As we look ahead, investors are advised to stay cautious and monitor both global cues and local economic indicators closely. With gold prices swinging back and forth this past week—from Rs347,500 to Rs354,100—volatility is expected to continue.