Karachi, November 26, 2025 – Gold prices in Pakistan surged by Rs2,300 per tola on Wednesday, driven by rising trends in the international bullion markets.
According to the All Pakistan Gems and Jewelers Association (APGJA), the 24-karat gold price increased to Rs438,862 per tola, up from the previous day’s closing of Rs436,562. In terms of 10 grams, the price rose by Rs1,972 to reach Rs376,263 from Rs374,281 in the domestic markets.
The local market remains cautious as gold continues to display high volatility. Notably, the all-time high for 24-karat gold in Pakistan was recorded at Rs456,900 per tola on October 17, 2025, reflecting ongoing demand and global price fluctuations.
Why Are Gold Prices Rising?
Market analysts attribute the increase to global economic trends and geopolitical uncertainties. In international markets, gold prices climbed by $23 per ounce, reaching $4,165, compared to the previous day’s $4,142. Experts say that ongoing trade disputes, inflationary concerns, and political tensions have intensified investor interest in gold, traditionally seen as a safe-haven asset during times of uncertainty.
What This Means for Investors
Rising gold prices are prompting both investors and jewelry buyers to reconsider timing their purchases. For investors, gold provides a hedge against currency fluctuations and market instability, while jewelry buyers face higher costs in the domestic market.
With global and domestic factors driving prices upward, analysts advise staying updated on international trends and local market rates before making investment decisions in gold.