Gold Rates Rise in Pakistan on October 31, 2025

KARACHI: Gold prices in Pakistan saw a significant rise on Friday, October 31, 2025, reflecting global trends. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold increased by Rs5,300 per tola, reaching Rs424,162. This followed a price of Rs418,862 the previous day. The price of 10 grams of 24-karat gold also jumped by Rs4,544, reaching Rs363,650.

This surge in local gold prices mirrors global trends, where gold rose by $53 per ounce, hitting $4,018. Analysts attribute the rise to ongoing geopolitical unrest, such as the Russia-Ukraine conflict and the Israel-Gaza war. These factors have driven gold demand to new heights. In the third quarter of 2025, global gold demand increased by 3%, totaling 1,313 tonnes, the highest in 25 years, according to the World Gold Council.

Gold’s value has been further supported by recent financial factors. The U.S. government shutdown and expectations of rate cuts by the Federal Reserve have weakened the dollar, indirectly boosting gold prices. The precious metal is seen as a safe haven investment in uncertain times, which explains its rising demand. In Pakistan, gold continues to be a reliable asset amid economic challenges and currency fluctuations.

The surge in gold prices has been driven by increased investor caution worldwide. In Pakistan, gold remains a favored investment choice, especially as the rupee struggles. While the country faces economic uncertainty, gold provides a tangible means of wealth preservation. As financial tools like gold-backed Exchange-Traded Funds (ETFs) grow in popularity, even smaller investors are gaining access to global gold markets.

In Pakistan, despite the high prices, gold is still considered a secure asset in times of economic instability. It continues to hold its appeal for consumers and investors looking for stability. As the global economy faces further challenges, gold’s role in preserving wealth remains crucial, both as a commodity and an investment strategy.

Read More:Gold Prices Rise in Pakistan Following Global Market Gains

Gold prices in Pakistan rebounded on Saturday, October 25, 2025, following gains in the international market, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 24-karat gold increased by Rs1,800 per tola, closing at Rs433,662, up from Rs431,862 the previous day. Meanwhile, 10 grams of 24-karat gold rose by Rs1,543 to Rs371,795, and 10 grams of 22-karat gold reached Rs340,824 after a gain of Rs1,414.

In the global market, gold edged higher to $4,113 per ounce, marking an increase of $18.