Karachi, September 22, 2025 – The price of gold touched unprecedented levels on Monday, creating a wave of concern and excitement among traders and investors in Pakistan as well as across the globe.
The surge has been mainly attributed to rising geopolitical tensions, which continue to fuel uncertainty in international financial markets.
According to the All Pakistan Sarafa Gems and Jewelers Association, gold reached a record-breaking price both locally and internationally. In Pakistan’s domestic market, the rate of 24-karat gold climbed to a new peak of Rs393,700 per tola. This sharp rise has placed additional pressure on buyers, while jewelers believe demand may shrink in the coming weeks due to affordability concerns.
In the global market, the value of gold also surged significantly. It jumped by $34, settling at $3,719 per ounce, marking a historic high for the international bullion trade. Experts explained that political instability in the Middle East has played a key role in driving investors toward safe-haven assets like gold, which are traditionally considered more stable in uncertain times.
Market analysts added that Pakistan’s bullion sector remains closely linked with global price movements since the country heavily depends on imported gold. Any shift in the global trend immediately reflects in local markets, creating challenges for jewelers and opportunities for investors seeking security during economic volatility.