Karachi, November 22, 2025 – Gold prices in Pakistan recorded a significant jump on Saturday, with the All Pakistan Sarafa Gems and Jewelers Association (APSGJA) confirming an increase of Rs2,300 per tola, driven primarily by a sharp upward movement in global bullion markets.
The latest rise reflects ongoing volatility in international precious metal trends as investors continue shifting towards safe-haven assets amid global uncertainty.
According to APSGJA, the price of 24-karat gold per tola climbed to Rs428,862, compared to the previous day’s closing rate of Rs426,562 in the domestic bullion market. Though prices remain below the record peak of Rs456,900, which was set on October 17, 2025, analysts note that the current upward momentum could continue if global market conditions remain tense.
Similarly, the price of 24-karat gold per 10 grams increased by Rs1,972, closing at Rs367,680, up from Rs365,708 a day earlier. Jewelers report increasing inquiries from buyers, especially ahead of the winter wedding season, though high prices continue to limit large-scale purchases.
Market experts attribute the surge to rising gold rates in the international market, where prices rose by $23 per ounce, reaching $4,065, compared to the previous close of $4,042. They said persistent geopolitical tensions, trade disputes, and global economic concerns have kept international investors on edge, leading to sustained demand for gold as a hedge against economic instability.
Analysts warn that if global tensions escalate further, domestic gold prices may continue their upward trajectory in the coming days, impacting both jewelers and consumers across Pakistan.