Karachi, December 24, 2025 – Precious metals in Pakistan continued their strong upward momentum on Wednesday, with gold and silver prices touching fresh all-time highs amid rising international rates and persistent global uncertainty.
According to the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the price of 24-karat gold per tola increased by Rs2,000 to reach a new historic high of Rs472,862, compared to the previous day’s closing of Rs470,862 in the local bullion markets. This marks one of the highest single-day price levels ever recorded for gold in Pakistan.
Similarly, the price of 24-karat gold per 10 grams rose by Rs1,714 to settle at Rs405,402, up from Rs403,688 in the last trading session. Market participants noted that strong investor demand for safe-haven assets continued to support prices.
Silver prices also followed the bullish trend, reaching a new record high in the domestic market. The price of 24-karat silver increased by Rs500 to Rs7,705 per tola, compared to the previous closing of Rs7,205. Traders said silver demand has risen sharply as investors seek alternatives amid soaring gold prices.
Bullion market experts attributed the sharp rise in precious metal prices to developments in the international markets. They said ongoing geopolitical tensions, trade disputes among major economies, and expectations of prolonged global economic uncertainty have kept investors focused on gold and silver as hedging instruments.
In the international market, gold prices surged by $20 to hit a record high of $4,505 per ounce, up from the previous closing of $4,485. Meanwhile, silver prices jumped to an all-time high of $72.30 per ounce, compared to $69.30 earlier.
Analysts believe that if global uncertainties persist, precious metal prices in Pakistan may remain volatile but biased upward in the coming days.