24K Gold has hit a record price of ₨ 373,300 per tola today. This is a continuation of the bullish trend that has been gaining momentum throughout 2025. The surge reflects a strong demand from both investors and buyers, especially as economic conditions remain uncertain globally.
22K Gold, used predominantly in jewelry, has reached ₨ 343,105 per tola today, also showing a significant increase in price. This price rise is further fueled by increased demand for gold jewelry and local buying ahead of the wedding season, making 22K gold one of the most popular options in the market.
Current Market Rates for Gold:
| Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) |
|---|---|---|---|
| 24K Gold | ₨ 373,300 | ₨ 320,050 | ₨ 32,005 |
| 22K Gold | ₨ 343,105 | ₨ 294,082 | ₨ 29,408 |
📉 Why is Gold Surging?
- Inflation Concerns: Gold has long been a hedge against inflation, and with inflationary pressures rising globally, demand for gold is expected to remain strong. As the US Dollar continues to fluctuate and inflation worries persist, investors are flocking to gold as a store of value.
- Geopolitical Instability: Global tensions, from political instability in key regions to trade disputes, have made gold a top choice for investors looking for safety in uncertain times. Gold’s status as a safe-haven asset means that it tends to appreciate during periods of instability, as it is seen as a reliable store of value.
- Monetary Policy and Central Bank Actions: The ongoing speculation about rate cuts and monetary easing by central banks, particularly the U.S. Federal Reserve, has added to gold’s appeal. When central banks lower interest rates, gold tends to rise because it does not yield interest like bonds or cash. As a result, gold becomes an attractive asset for long-term investors.
🧭 Gold Technical Analysis
Gold’s strong rally has also been supported by technical analysis. A bullish breakout above ₨ 373,000 per tola has confirmed the continuation of the uptrend. The current price levels suggest that gold is likely to test new highs, especially if economic data continues to support the gold bulls.
- Immediate Support: ₨ 370,000 per tola – this level has acted as a strong floor for gold prices, and we expect it to hold unless global market conditions change dramatically.
- Resistance Level: ₨ 375,000 per tola – the next resistance level could be near ₨ 375,000, where the metal could face some profit-taking or short-term correction.
Gold’s outlook remains bullish, especially with inflationary pressures continuing, alongside strong global demand for safe assets. Investors are likely to remain confident in gold’s potential as a long-term store of value, especially during periods of economic uncertainty.
🔮 Gold Price Forecast for 6 September 2025:
- 24K Gold: Expected to range between ₨ 373,000 – 375,000 per tola, with a potential move toward higher highs if economic conditions remain favorable for the precious metal.
- 22K Gold: Likely to stay within the ₨ 343,000 – 345,000 per tola range, with seasonal jewelry demand potentially adding upward pressure.
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