Karachi, September 29, 2025 – In a historic development, gold prices in Pakistan crossed the unprecedented mark of Rs400,000 per tola on Monday, setting a new record in the country’s bullion market.
According to the All Pakistan Sarafa Gems and Jeweler Association, the gold prices of 24-karat per tola surged by Rs5,900, reaching Rs403,600 compared to the last closing rate of Rs397,700.
Similarly, the prices of 24-karat gold per 10 grams also saw a significant jump of Rs5,058, bringing the new rate to Rs346,021 from the previous Rs340,963. This sharp rise has placed additional pressure on jewelry buyers in Pakistan, many of whom are struggling with already high living costs.
Market analysts explained that the surge in gold prices was directly linked to developments in the international markets. They noted that gold prices globally climbed by $59, with the precious metal trading at $3,818 per ounce, compared to the last closing of $3,759. Experts attributed the rise to growing geopolitical tensions and economic uncertainties that have boosted demand for safe-haven assets like gold.
Bullion traders in Pakistan believe that prices are likely to remain volatile in the coming days, as global economic conditions continue to shift. With Pakistan already facing inflationary pressures, the record-breaking rise in gold prices is expected to impact both investors and consumers alike.