Gold Prices in Pakistan Today on April 11, 2025
Staff Report
Gold prices in Pakistan today just hit an all-time high, amid US-China Tariff war. As of Friday, April 11, 2025, the price of gold skyrocketed by Rs10,000 in a single day. It resulted in pushing per tola rates to a record Rs338,800.
Meanwhile, the rate of 10-gram gold stood at Rs290,466, that was up by Rs8,573, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Silver, on the other hand, played it cool and stood flat at Rs3,234 per tola.
There have been local and external factors that have resulted in pushing the prices up amid recent tariff war between US and China.
Global Gold Market
This isn’t just a Pakistan where gold is glittering worldwide.The prices of gold have gone to all time high across the globe.
- Spot gold hit $3,192.79 per ounce, rising 0.6%, and US gold futures surged nearly 2% to $3,237.50.
- According to Dow Jones Market Data, gold has jumped 6.9% over the last three sessions — the biggest three-day gain since March 2020 (yeah, that far back).
- Even when stock markets rallied mid-week on news of a pause in tariffs, gold didn’t flinch. On Wednesday, gold for April delivery still rose by $88.10 per ounce (3%), closing at $3,056.50.
International Tensions
So, let’s see what’s fueling this gold rush?
- The US dollar fell by almost 1% against major currencies, making gold more attractive as a safe-haven asset.
- Tensions are flaring again: President Trump slapped 145% tariffs on Chinese imports, and China quickly hit back. This kind of global back-and-forth fuels fears of a worldwide economic slowdown, nudging investors towards the safety of gold.
- According to BlackRock’s top strategist, gold is currently a better bet than long-duration Treasurys, especially with global debt piling up and inflation concerns looming.
Gold Stocks Are Glittering Too
Gold isn’t just performing as a metal. It has also made moves in the markets too.
- SPDR Gold Shares (GLD), the top gold ETF, bounced off its 10-week moving average and gained over 4% this week. On Thursday alone, it added 2% in late trading, hitting a new all-time high.
- VanEck Gold Miners ETF (GDX) had a momentary dip but climbed back above its 10-week line, soaring 14% this week.
What This Means for Pakistan
Pakistanis often turn to gold as a traditional and trusted store of value with the rupee under pressure and inflation biting into daily life. And the prices of gold in Pakistani local market have also rippled effect with global prices climbing.
Gold is shining bright, while its prices are going up amid tug of tariff war, you should keep an eye on both local and global rates whether you’re investing, hedging, or just gold-obsessed. The world is watching the yellow metal right now — and so should you.
