Karachi, October 31, 2025 – Gold prices in Pakistan witnessed a sharp increase on Friday, rising by Rs5,300 per tola, following a strong upward trend in international bullion markets.
According to data released by the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola climbed to Rs424,162, compared to the previous day’s closing rate of Rs418,862. Similarly, the price of 24-karat gold per 10 grams increased by Rs4,544, reaching Rs363,650 in the local market.
This surge marks one of the notable jumps in recent weeks, as domestic gold prices continue to respond to fluctuations in the global market. It is worth noting that gold in Pakistan hit an all-time high of Rs456,900 per tola earlier on October 17, 2025.
Experts in the bullion trade attribute this latest increase to global market volatility, driven by geopolitical tensions, economic uncertainty, and ongoing trade disputes among major economies. Investors around the world have shifted towards gold as a safe-haven asset amid concerns over inflation and slowing economic growth.
In the international market, the price of gold per ounce rose by $53, settling at $4,018, compared to the previous day’s level of $3,965. Analysts believe that if the global rally continues, domestic gold prices in Pakistan may rise further in the coming days.
Gold traders and investors are advised to monitor both global and local market movements closely, as any fluctuations in the US dollar or international oil prices can significantly impact bullion rates.