Karachi, November 19, 2025 – In a dramatic turnaround that stunned bullion traders, gold prices in Pakistan soared by an impressive Rs7,900 per tola on Wednesday, breaking a three-day streak of declines and signaling renewed momentum in the precious metals market.
The abrupt surge has reignited investor interest as uncertainty roils international markets.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola jumped to Rs431,562, sharply higher than the previous day’s closing of Rs423,662. The local market had been under pressure for days, witnessing continuous drops, before today’s sharp rebound injected fresh optimism among traders.
Gold’s volatility comes against the backdrop of major global economic developments. Although domestic prices remain below the record high of Rs456,900 per tola, set on October 17, 2025, today’s surge suggests that the market may once again be gearing up for upward momentum.
Meanwhile, 24-karat gold per 10 grams also climbed by Rs6,773, reaching Rs369,994 compared to yesterday’s level of Rs363,221. Traders noted heightened demand from investors seeking safe-haven assets amid rising geopolitical tensions and ongoing international trade disputes.
Market analysts say Pakistan’s gold market continues to mirror global trends. International gold prices spiked by $79 per ounce, closing at $4,092 from the previous $4,013, further fueling the local upswing. Analysts warn that price swings are likely to continue as global uncertainty persists and investors shift toward precious metals for security.
With markets heating up again, bullion dealers are closely watching whether the latest rally marks the beginning of another record-breaking trend in Pakistan’s gold prices.