Gold prices in Pakistan hit historic high of Rs367,400 per tola

Gold Jewellery in Pakistan

Karachi, August 30, 2025 – Gold prices in Pakistan surged to a record-breaking level on Saturday, reaching an unprecedented Rs367,400 per tola.

This sharp rise has set a new benchmark for the precious metal in the country’s bullion markets, reflecting global trends and local demand dynamics.

The price of 24-karat gold per tola jumped by Rs3,600 from the previous day’s closing of Rs363,800, surpassing the earlier all-time high of Rs363,700 recorded on April 22, 2025. Similarly, the price of 24-karat gold per 10 grams rose by Rs3,172, settling at Rs314,986 compared to Rs311,814 a day earlier.

Bullion market analysts attribute this dramatic increase to rising gold prices in the international markets, which closed at $3,447 per ounce, up by $36 from the prior session’s $3,411. They noted that heightened geopolitical tensions, trade disputes, and economic uncertainty are driving investors globally toward the safe-haven asset, pushing prices higher.

In Pakistan, gold remains a key investment avenue, particularly during periods of economic volatility. Traders believe that if global markets continue to experience instability, gold prices could climb further, setting new records in the coming weeks.

Market watchers also suggest that demand for gold in Pakistan may remain strong due to seasonal factors such as wedding-related purchases and investment hedging, adding additional upward pressure on prices.