Gold price in Pakistan, Historical Data Till 1947
Gold has been a significant part of Pakistan’s economy for decades, often considered a safe investment option. The price of gold has witnessed a substantial rise since 1947, reflecting both economic changes and inflation over the years. This article takes a look at how the price of 24K gold per tola has evolved from 1947 to 2025.
Gold Price History in Pakistan (1947-2025)
Below is a table showcasing the price of 24K gold per tola in Pakistan over the years:
| Year | Price (PKR per tola, 24K) |
|---|---|
| 1947 | Rs. 59 |
| 1950 | Rs. 58 |
| 1972 | Rs. 500 |
| 1980 | Rs. 1,500 |
| 1990 | Rs. 4,000 |
| 2000 | Rs. 8,000 |
| 2003 | Rs. 10,000 |
| 2005 | Rs. 11,000 |
| 2008 | Rs. 25,100 |
| 2010 | Rs. 32,000 |
| 2013 | Rs. 45,000 |
| 2015 | Rs. 60,000 |
| 2017 | Rs. 90,000 |
| 2018 | Rs. 110,000 |
| 2019 | Rs. 130,000 |
| 2020 | Rs. 160,000 |
| 2022 | Rs. 220,000 |
| 2023 | Rs. 250,000 |
| 2024 | Rs. 280,000 |
| 2025 | Rs. 333,550 |
Analysis of the Gold Price Increase
The price of gold in Pakistan started at Rs. 59 per tola in 1947. However, with the passage of time and economic factors such as inflation, demand for gold, and changes in global gold markets, the price surged significantly. By the year 2025, the price reached an impressive Rs. 300,000 per tola.
Key Factors Influencing Gold Prices:
- Inflation: As the cost of living increases, the price of gold generally rises.
- Economic Instability: Gold prices tend to increase during times of economic uncertainty or crises, as people see it as a safe investment.
- Global Gold Market Trends: Since gold is a global commodity, its price is also influenced by international factors.
- Demand and Supply: Increased demand or reduced supply can cause prices to climb.
