Gold Prices in Pakistan Reach Record High Levels

Gold Prices Hit Record High in Pakistan as Global Demand Surges

Gold prices in Pakistan jumped sharply on Tuesday, September 30, 2025. The rise follows a similar upward trend in the international market. The price of 24-karat gold soared by Rs3,178, reaching an all-time high of Rs406,778 per tola. This marked a strong increase from the previous rate of Rs403,600. The price for 10 grams of 24-karat gold also rose by Rs2,725, settling at Rs348,746.

Prices for 22-karat gold showed a similar rise. It increased from Rs317,197 to Rs319,695 per 10 grams, gaining Rs2,498 in one day. The international market supported the surge, where gold prices climbed by $37 to $3,855 per ounce. Meanwhile, silver prices dropped slightly despite gold’s strong performance. Silver fell by Rs16 per tola, reaching Rs4,776, and 10 grams slid by Rs14 to Rs4,094.

According to the All Pakistan Sarafa Gems and Jewellers Association, the domestic gold rates followed the interbank exchange rate of Rs281.35. The association noted that the international gold trend and rupee-dollar parity influenced local pricing. This connection between global prices and domestic currency continues to impact investor behavior in Pakistan.

Gold remains a trusted safe-haven asset. It gains popularity during inflation, economic uncertainty, and global tensions. Digital platforms now make gold more accessible to small investors. Gold-backed ETFs and mobile apps allow people to invest easily. These tools have expanded gold’s reach beyond traditional markets, especially in regions like the Gulf.

In Pakistan, gold plays a key role in personal savings and investments. Many see it as a secure way to protect wealth. With the rupee facing pressure and inflation rising, more people are turning to gold. As market uncertainty grows, gold’s appeal continues to strengthen. This reinforces its importance in both traditional and modern investment strategies.