Gold prices in Pakistan hit record high of Rs370,700 per Tola

Gold Jewellery in Pakistan

Karachi, September 1, 2025 – Gold prices in Pakistan soared to an all-time high on Monday, reaching Rs370,700 per tola, marking the highest level ever recorded in the domestic bullion market.

The sharp surge was driven by strong upward trends in the international precious metals market and heightened investor interest in safe-haven assets.

According to local market data, the gold prices of 24-karat per tola rose by Rs3,300 from the previous closing of Rs367,400. Similarly, the prices of 24-karat gold per 10 grams surged by Rs2,829, climbing from Rs314,986 to Rs317,815 in Pakistan’s local trading session.

Bullion market experts explained that the continued rise in gold prices is closely linked to movements in the global market, where prices experienced a notable increase of $33 per ounce, reaching $3,480 from $3,447 previously. They added that geopolitical uncertainties and currency market volatility are prompting investors worldwide to move towards gold, reinforcing its status as a reliable store of value.

In Pakistan, analysts also cited inflationary pressures and concerns over exchange rate fluctuations as key factors pushing gold prices higher. The precious metal is increasingly being viewed as a hedge against economic instability, with traders and investors expecting prices to remain elevated in the near term.

Market participants are now closely watching global commodity trends and local economic indicators to gauge whether gold prices in Pakistan will continue their upward momentum or stabilize in the coming weeks.