Karachi, December 26, 2025 — Gold prices in Pakistan continued their upward momentum on Friday, reaching a fresh all-time high as strong gains in international bullion markets pushed local rates to new peaks.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold increased by Rs500 per tola to settle at Rs473,362, surpassing the previous record of Rs472,862. This latest rise reflects sustained investor demand for safe-haven assets amid growing uncertainty in global financial markets.
Similarly, the price of 24-karat gold per 10 grams also moved higher, gaining Rs429 to close at Rs405,831 compared to the previous closing of Rs405,402 in domestic bullion markets. Market participants noted that persistent volatility in global markets and fluctuations in major currencies continued to influence local gold prices.
In the international market, gold prices edged up by $5 per ounce to close at $4,510, up from $4,505 in the previous session. Analysts believe that geopolitical tensions, ongoing global trade disputes, and concerns over economic growth have strengthened gold’s appeal as a hedge against inflation and market instability.
Silver prices also followed the bullish trend, recording a new all-time high in Pakistan. The price of 24-karat silver surged by Rs240 per tola to reach Rs7,945, reflecting strong demand both locally and globally. In the international market, silver prices climbed to $74.70 per ounce.
Bullion market experts said that rising international commodity prices, coupled with safe-haven buying, have kept precious metals on a strong upward trajectory. They added that continued geopolitical risks and uncertainty in global trade policies are likely to maintain volatility in gold and silver prices in the near term, keeping investor interest firmly focused on precious metals.