Pakistan gold continues historic rally, near Rs443,000 per tola

Gold Jewellery in Pakistan

Karachi, October 16, 2025 – The gold prices in Pakistan continued their record-breaking rally on Thursday, edging closer to the Rs443,000 per tola mark amid global market uncertainty and rising investor demand for safe-haven assets.

According to the latest data from local bullion markets, the price of 24-karat gold per tola surged by Rs1,900, reaching Rs442,800, compared to the previous day’s closing rate of Rs440,900. Likewise, the price of 24-karat gold per 10 grams increased by Rs1,629, closing at Rs379,629, up from Rs378,000 a day earlier.

Bullion market experts said the continued upward momentum in gold prices in Pakistan is largely influenced by developments in the international market. Global investors have been shifting toward gold due to heightened geopolitical tensions, uncertain economic outlooks, and ongoing trade disputes that have rattled financial markets worldwide.

In the international gold market, prices rose sharply to touch a new record high of $4,217 per ounce, marking an increase of $19 from the previous closing of $4,198 per ounce. The steady appreciation of gold globally has directly impacted domestic prices, as Pakistan relies heavily on imported gold.

Analysts suggest that if current market conditions persist, gold prices in Pakistan may continue to climb, potentially surpassing the Rs443,000 barrier soon. The rally has also prompted cautious optimism among investors and jewelers, anticipating further gains in the days ahead.