Current Gold Rate in Pakistan (24K per Tola) – Rs. 349,700
As of today, Monday, June 2, 2025, the price of 24K gold per tola in Pakistan stands at Rs. 349,700. Gold continues to hold significant value in Pakistan’s culture and economy, with demand peaking particularly during the wedding season and festive occasions. Whether you’re considering gold as an investment or planning to buy jewelry, staying informed on daily rates is essential.
Why Gold Matters in Pakistan
Gold has long symbolized wealth, prestige, and beauty in Pakistani culture. From dowries to family heirlooms, it plays a central role in major life events. Beyond aesthetics, gold also acts as a secure investment, particularly during times of economic instability. It’s commonly purchased in various purities including 18K, 20K, 22K, and 24K, with 24K being the purest and most expensive.
Gold Rate in Pakistan Today – June 2, 2025
- 24K Gold per Tola: Rs. 349,700
- 22K Gold per Tola: Rs. 325,317
- 10 Grams of 24K Gold: Rs. 304,184
This rate is officially reported by the All Pakistan Gems and Jewelers Association, which tracks local and international gold prices.
What Influences Gold Prices in Pakistan?
Gold prices in Pakistan are not fixed and can fluctuate daily based on several factors:
- Global Market Trends – Prices in Pakistan follow the international market, especially the London Bullion Market.
- Currency Exchange Rates – The weaker Pakistani rupee compared to the USD causes gold to be priced higher locally.
- Economic Conditions – Inflation, political instability, and global crises contribute to rapid fluctuations in gold rates.
- Demand and Supply – The more people buy gold (like during weddings or festivals), the more prices can spike.
The gold market is also indirectly influenced by decisions from global financial institutions like the IMF and central banks.
Live Gold Price Movement – June 2, 2025
- The gold price dropped by Rs. 10,400 per tola from the previous rate.
- 10-gram gold also saw a decrease of Rs. 8,917, now priced at Rs. 304,184.
Gold Price Today in Major Pakistani Cities
| City | 24K Gold per Tola | 22K Gold per Tola |
|---|---|---|
| Karachi | Rs. 349,700 | Rs. 325,317 |
| Islamabad | Rs. 349,700 | Rs. 325,317 |
| Lahore | Rs. 349,700 | Rs. 325,317 |
| Multan | Rs. 349,700 | Rs. 325,317 |
| Peshawar | Rs. 349,700 | Rs. 325,317 |
Despite regional variations in demand and supply, major cities tend to reflect similar gold prices due to national pricing consistency.
Gold Price Trends – Last 10 Days
Here’s how gold prices have shifted over the past couple of weeks in Pakistan:
| Date | 24K Gold per Tola | 10g 22K Gold |
|---|---|---|
| Jun 02, 25 | Rs. 349,700 | Rs. 274,827 |
| May 30, 25 | Rs. 347,300 | Rs. 272,941 |
| May 29, 25 | Rs. 347,000 | Rs. 271,212 |
| May 28, 25 | Rs. 347,000 | Rs. 271,212 |
| May 27, 25 | Rs. 345,100 | Rs. 271,212 |
| May 27, 25 | Rs. 350,800 | Rs. 275,692 |
| May 26, 25 | Rs. 354,000 | Rs. 278,206 |
| May 25, 25 | Rs. 354,000 | Rs. 278,206 |
| May 24, 25 | Rs. 354,000 | Rs. 278,206 |
| May 23, 25 | Rs. 348,000 | Rs. 273,491 |
| May 22, 25 | Rs. 347,800 | Rs. 273,334 |
| May 21, 25 | Rs. 341,200 | Rs. 268,147 |
| May 20, 25 | Rs. 341,700 | Rs. 268,540 |
This chart shows how volatile gold prices have been recently, influenced by both domestic and international financial pressures.
Understanding Carats in Gold: What 18K, 20K, 22K, and 24K Mean
When it comes to buying gold, one of the first things you’ll hear is “carat” or “karat” (abbreviated as “K”). This refers to the purity of the gold, and understanding it is crucial whether you’re investing or buying jewelry.
- 24K Gold: This is 99.9% pure gold, bright yellow in color, soft, and highly malleable. While it’s the purest form, it’s also the least durable, making it less ideal for everyday wear jewelry.
- 22K Gold: Comprising 91.6% pure gold, this type is mixed with small amounts of other metals like copper or silver, making it stronger and better for jewelry.
- 20K Gold: Contains 83.3% pure gold, a little more robust and affordable than 22K, often used in lighter ornaments.
- 18K Gold: With 75% gold content, this variant is widely used in Western-style jewelry due to its strength and balance between durability and purity.
In Pakistan, 22K and 24K are the most commonly traded types. Buyers prefer 22K for jewelry and 24K for investment due to its higher intrinsic value. Jewelry shops are required to mention the carat value, and it’s wise to ask for hallmarked certificates to verify authenticity.
Why Gold Prices Are Higher in Pakistan Compared to Other Countries
If you’ve ever compared gold prices in Pakistan with those in the UAE or Saudi Arabia, you might have noticed that Pakistani rates are usually higher. Here’s why:
- Exchange Rate Fluctuations: The Pakistani Rupee is relatively weaker against the US Dollar. Since gold prices are internationally traded in dollars, any dip in the rupee instantly increases local gold prices.
- Import Duties and Taxes: Pakistan imposes import duties and general sales tax (GST) on gold imports. This adds an additional cost layer not seen in many gold-trading hubs like Dubai.
- Logistics and Storage: Since gold is mostly imported, associated costs such as transportation, security, and storage push up the final price.
- Inflation and Political Instability: These two factors drive people to secure assets in gold, pushing up demand and hence price.
- Limited Local Production: Pakistan doesn’t mine gold on a large scale, so it depends on imports, further inflating the cost.
All these elements combine to make gold a costlier but safer investment in Pakistan. People trust gold more than volatile currencies or real estate during turbulent times.
How to Check Live Gold Prices in Pakistan
Staying updated on gold rates is important if you’re planning a purchase or investment. Here are some trusted sources to check live gold prices in Pakistan:
- All Pakistan Gems and Jewelers Association: This is the most authentic and official source for daily gold rate updates. Their figures are considered the national benchmark.
- Local Jewelers: Many established jewelers in cities like Karachi, Lahore, and Islamabad publish daily rates in their stores and on their websites.
- Financial News Platforms: Sites like Dawn, Geo News, Ary News, and Business Recorder regularly publish gold price updates and trends.
- Mobile Apps and Online Tools: Apps like Investing.com, XE Currency, or even local apps dedicated to Pakistani finance allow users to track prices in real time.
When checking prices, make sure to:
- Confirm whether it’s for 22K or 24K gold.
- Look at the price per tola as well as 10 grams.
- Consider the date and time of the update, as prices can change within hours.
Tips for Buying Gold in Pakistan Safely
Buying gold is a serious financial decision, especially in Pakistan where it’s often a lifelong investment. Here are some solid tips to ensure you make the right move:
- Always Buy from Reputable Jewelers
Stick to well-known names who are members of the Gems and Jewelers Association. They are more likely to sell hallmarked, certified gold. - Check Purity and Carat Markings
Don’t just take their word—ask for purity certification and check for hallmarks on the gold item. - Negotiate Making Charges
Jewelers often include a “making charge” which can be as high as 10–20%. Always try to negotiate or compare rates between shops. - Request a Detailed Invoice
Your bill should clearly mention:- Gold purity
- Weight
- Current gold rate
- Making charges
- Final price
- Avoid Buying on High Rate Days
Gold prices fluctuate daily. Monitor the trend and wait for a dip in price before making a bulk purchase. - Consider Gold Coins and Bars for Investment
If your goal is investment, choose gold bars or coins instead of jewelry to avoid high making charges. - Be Aware of Fake Gold Scams
Some sellers may mix alloys to sell fake gold. Always get your gold tested by a third party if you’re unsure.
Should You Invest in Gold in 2025?
With Pakistan going through fluctuating economic conditions, inflation, and political changes, many are wondering if gold is still a good investment in 2025. Here’s a balanced perspective:
Pros:
- Hedge Against Inflation: Gold has traditionally held its value even during financial downturns.
- Liquidity: It’s easy to sell or pawn gold in emergencies.
- Global Value: Gold is universally accepted, unlike stocks or real estate.
Cons:
- No Passive Income: Unlike stocks or real estate, gold doesn’t generate income unless sold.
- Price Volatility: Gold prices can go down as well, especially if global markets stabilize.
- Storage Risks: Keeping large quantities at home can be risky without proper security.
In 2025, many financial analysts recommend diversifying your portfolio—having some gold along with real estate, stocks, and digital assets like crypto could be a more balanced approach.
