Karachi, December 27, 2025 – Gold and silver prices in Pakistan surged to new all-time highs on Saturday, extending their record-breaking rally in the local bullion markets. The sharp increase reflects strong domestic demand, rising international prices, and growing investor interest in precious metals as safe-haven assets.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the price of 24-karat gold per tola jumped by Rs2,300, reaching a historic peak of Rs475,662, compared to the previous day’s closing of Rs473,362. Similarly, the price of 24-karat gold per 10 grams increased by Rs1,972, settling at Rs407,803 in the local markets.
Silver prices also followed the upward trend. The price of 24-karat silver per tola rose sharply by Rs462, hitting a new record high of Rs8,407 across Pakistan. Market participants noted that silver has gained strong momentum alongside gold due to its dual role as an industrial and investment metal.
The rally was not limited to domestic markets. In the international bullion market, gold prices climbed by $23, reaching approximately $4,533 per ounce, while silver prices surged by $4.62 to around $79.32 per ounce. The strong global performance directly influenced local prices, as Pakistan’s bullion rates closely track international trends.
Bullion market experts attributed the continued surge in gold and silver prices to geopolitical uncertainty, ongoing international trade tensions, and fears of global economic slowdown. Investors worldwide are increasingly shifting toward precious metals to hedge against inflation, currency volatility, and financial market risks.
With global uncertainties persisting, analysts believe gold and silver prices in Pakistan may remain volatile but biased upward in the near term.