Gold Prices Hold Steady at Record Highs in Pakistan
October 9, 2025 | 4:31 PM
KARACHI: Gold prices in Pakistan remained stable on Thursday, maintaining their record-high levels after a strong rally earlier this week, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The price of gold per tola stood firm at Rs. 425,178, while the rate for 10 grams of gold stayed unchanged at Rs. 364,521.
Global and Local Trends
A day earlier, the precious metal surged by Rs. 1,500 per tola, marking one of the sharpest single-day jumps in recent months. The international gold price also held steady at $4,039 per ounce, including a $20 premium, reflecting a pause after record-breaking gains.
Meanwhile, silver prices in Pakistan registered an increase of Rs. 82 per tola, reaching Rs. 5,066, continuing their upward trend alongside global precious metals.
Gold Hits Global Record Amid Uncertainty
Globally, gold prices eased slightly after touching an all-time high of $4,059.05 per ounce on Wednesday. Spot gold slipped 0.2% to $4,029.86 per ounce as of 06:42 GMT, while U.S. gold futures for December delivery declined 0.6% to $4,047.80.
Experts attribute the recent record highs to geopolitical tensions, economic uncertainty, and growing expectations of U.S. interest rate cuts later this year — all factors that have historically boosted demand for safe-haven assets like gold.
Outlook
Analysts believe that gold prices in Pakistan are likely to remain elevated in the near term, driven by the global market trend and local currency fluctuations. However, traders are watching closely for signals from the U.S. Federal Reserve and other major central banks, which could influence bullion prices in the coming weeks.
