Karachi, November 11, 2025 — Gold prices in Pakistan recorded a sharp increase on Tuesday, rising by Rs5,900 per tola amid a renewed rally in international bullion markets driven by geopolitical tensions and uncertain global trade dynamics.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the price of 24-karat gold soared to Rs435,760 per tola, up from the previous day’s closing rate of Rs429,862 in local markets. The precious metal remains just below its record high of Rs456,900 per tola, which was registered on October 17, 2025, marking one of the most volatile trading phases in recent months.
Similarly, the price of 24-karat gold per 10 grams jumped by Rs5,065, reaching Rs373,595 compared to Rs368,530 on Monday’s closing. The increase mirrors global market trends, where investors are shifting toward safe-haven assets amid rising economic uncertainties and fluctuating currency values.
In the international market, gold prices climbed by $59 per ounce, reaching $4,135 from the previous day’s $4,076, as global demand for the metal surged. Analysts note that heightened geopolitical concerns and fears of inflation have significantly boosted gold’s appeal as a secure investment option.
Bullion market experts believe that if the current global uncertainty persists, gold prices in Pakistan could continue to show an upward trajectory in the coming days. They further added that fluctuations in the Pakistani rupee against the US dollar also contribute to the domestic price changes.
With wedding season approaching, jewelers expect a mixed response from buyers, as higher prices may dampen short-term demand despite gold’s long-term investment value.