Gold Prices in Pakistan Hit Another All-Time High
October 6, 2025 | 4:20 PM
Gold prices in Pakistan continued their upward climb on Monday, setting yet another all-time record amid rising global demand for safe-haven assets and growing economic uncertainty.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold increased by Rs. 5,400 per tola, reaching Rs. 415,278 in the local market.
Similarly, the rate for 10 grams of gold surged by Rs. 4,629, bringing it to Rs. 356,033 compared to the previous trading session.
Global Gold Prices Also Break Records
The surge in Pakistan’s gold market reflects a similar trend in international markets. Spot gold prices surpassed the $3,900-per-ounce mark for the first time in history, driven by global investors turning to precious metals amid ongoing market volatility.
As of 0208 GMT, spot gold was trading at $3,922.28 per ounce, up 0.9% for the day after briefly touching an all-time high of $3,924.39.
The APGJSA reported the global rate at $3,940 per ounce, including a $20 premium, marking a $54 daily increase.
Economic Factors Behind the Surge
Analysts attribute the latest gold rally to a combination of factors, including a weaker Japanese yen, fears of a potential U.S. government shutdown, and expectations that the Federal Reserve may move towards further interest rate cuts.
These developments have prompted investors to shift toward safe-haven assets such as gold, driving prices to record-breaking levels.
Silver Prices Also Rise
In addition to gold, silver prices also posted gains in the domestic market. The price of silver rose by Rs. 53 per tola, reaching Rs. 4,949, according to the APGJSA.
