Karachi, November 6, 2025 – Gold prices in Pakistan soared sharply on Thursday, following a major surge in international bullion markets driven by geopolitical tensions and heightened global uncertainty.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the price of 24-karat gold per tola rose by Rs3,700, settling at Rs423,062 compared to Rs419,362 a day earlier in the domestic market. The metal’s price remains below its record high of Rs456,900 per tola, reached on October 17, 2025.
Similarly, the rate of 24-karat gold per 10 grams climbed by Rs3,122, bringing it to Rs362,707 from the previous Rs359,535.
Analysts from the local bullion market said the sudden rise was primarily due to the global uptrend in gold prices, which gained strength amid renewed geopolitical conflicts, trade tensions, and investors’ growing shift toward safe-haven assets like gold.
In the international market, gold prices jumped by $37 per ounce, reaching $4,007 compared to $3,970 in the prior session. This marks a continued rally as investors brace for potential economic instability and central bank policy changes worldwide.
Experts predict that if global uncertainty persists, gold could maintain its upward momentum in the local and global markets, keeping the precious metal’s demand strong in Pakistan during the ongoing wedding and investment season.