Karachi, October 29, 2025 – Gold prices in Pakistan recorded a sharp rebound on Wednesday, following an upward trend in the global bullion market.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the local gold market saw a significant increase in prices driven by renewed demand and rising international rates.
The price of gold (24-karat) per tola surged by Rs3,500, reaching Rs419,862, up from the previous day’s closing rate of Rs416,362. Similarly, the rate of 24-karat gold per 10 grams climbed by Rs2,000 to settle at Rs359,963 compared to Rs356,963 on Tuesday.
Market analysts said that the latest upsurge in domestic gold prices is directly linked to fluctuations in the global market, where the international gold rate jumped by $35 per ounce, reaching $3,975, up from $3,940 in the previous session.
Experts further noted that ongoing geopolitical tensions, inflationary fears, and global trade uncertainties continue to make gold a safe-haven asset, resulting in price volatility both internationally and locally.
It is worth mentioning that gold prices in Pakistan reached an all-time high of Rs456,900 per tola on October 17, 2025.
Analysts predict that gold prices in Pakistan may continue to fluctuate in the coming days depending on global market dynamics, currency movements, and local investor sentiment. Seasonal demand and inflationary pressures could also play a key role in determining future price trends.