Gold Booms in Pakistan, Hits Fresh Record High of Rs415,278

Gold Jewellery in Pakistan

Karachi, October 6, 2025 – The price of gold in Pakistan soared to an all-time high on Monday, marking a significant rise amid global market turbulence.

According to the latest data released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold jumped by Rs5,400, closing at Rs415,278 per tola compared to Saturday’s rate of Rs409,878.

Similarly, the price of 24-karat gold per 10 grams surged by Rs4,629 to reach Rs356,033, up from the previous Rs351,404 in Pakistan’s local bullion markets. Traders and analysts noted that persistent uncertainty in the global economy and heightened geopolitical tensions have driven investors toward safer assets like gold, pushing prices to new highs.

Market experts in Pakistan further explained that fluctuations in international bullion rates directly affect domestic pricing. The international gold rate climbed by $54, reaching $3,940 per ounce from its earlier closing of $3,886, reinforcing the upward trend.

They added that ongoing conflicts, concerns over inflation, and volatile currency movements continue to support strong demand for gold both globally and in Pakistan. With the precious metal maintaining its shine, many believe the rally may persist if international markets remain unstable, making gold an attractive hedge against economic uncertainty.

Experts suggest that if the global economic outlook remains uncertain, gold prices in Pakistan may continue to rise steadily in the coming weeks.