Karachi, September 23, 2025 – The gold prices in Pakistan continued their upward trend on Tuesday, hitting an all-time high of Rs398,800 per tola in the local bullion market. This sharp rise is being linked to global uncertainties and heightened geopolitical tensions.
According to market updates, the gold rate for 24-karat per tola surged by Rs5,100 compared with Monday’s closing of Rs393,700. Likewise, the 24-karat gold price per 10 grams climbed by Rs4,372, reaching Rs341,906 from the earlier Rs337,534. Traders and buyers in Pakistan are closely monitoring the situation, as the consistent upward movement in prices is directly affecting demand in the jewelry and investment sectors.
Bullion dealers explained that the local gold prices are closely tied to fluctuations in the international market. They noted that investors worldwide are turning to the precious metal as a safe-haven asset amid rising instability in the Middle East. This flight to safety has significantly boosted demand, thereby pushing up prices further.
In the global market, gold recorded a remarkable surge of $51, settling at a new peak of $3,770 per ounce compared to the previous day’s $3,719. Analysts warn that as long as geopolitical uncertainty prevails, the momentum in gold prices is likely to continue. For many in Pakistan, the rising trend underscores the dual challenge of affordability for jewelry buyers and opportunity for investors looking to hedge against inflation and currency volatility.