Gold price in Pakistan climbed to an all-time high on Wednesday, reflecting sustained investor demand and continued volatility in global precious metals markets. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), 24-karat gold was sold at Rs472,862 per tola, marking a day-on-day increase of Rs2,000 and setting a new domestic record.
The surge in gold prices highlights the metal’s enduring role as a safe-haven asset for Pakistani investors, particularly amid currency pressures, inflation concerns, and global economic uncertainty.
Gold Price in Pakistan: Latest 24-Karat and 22-Karat Rates
The upward momentum was also evident in per-gram pricing. 24-karat gold per 10 grams rose by Rs1,714, settling at Rs405,402, while 22-karat gold was quoted at Rs371,632 per 10 grams.
These price levels underscore a strong month-long rally in the local bullion market, driven by both investment demand and rising input costs.
Gold Price in Pakistan Shows Strong Monthly and Year-to-Date Growth
From a broader perspective, gold prices in Pakistan have shown remarkable growth:
• Over the past month, gold prices have increased by Rs36,300 per tola, signaling persistent bullish sentiment.
• On a fiscal year-to-date (FYTD) basis, prices are higher by Rs122,662 per tola.
• On a calendar year-to-date (CYTD) basis, gold has surged by Rs200,262 per tola, making it one of the strongest-performing asset classes in Pakistan in 2025.
This sustained appreciation reflects gold’s role as a hedge against inflation and PKR depreciation.
Silver Prices in Pakistan Also Rise Sharply
Alongside gold, silver prices in Pakistan recorded significant gains. 24-karat silver was sold at Rs7,705 per tola, up Rs500 from the previous session, while 10-gram silver increased by Rs428 to Rs6,605.
Silver’s performance has mirrored gold’s momentum, supported by both investment demand and industrial usage expectations.
On a comparative basis:
• Silver prices have risen by Rs2,283 over the past month
• FYTD gains stand at Rs3,923
• CYTD increase amounts to Rs4,355 per tola
Global Gold Prices and Their Impact on Pakistan
Internationally, spot gold traded near $4,490 per ounce, slipping $12 or 0.27% from the previous session. Despite the slight global pullback, local gold prices in Pakistan continued to rise, primarily due to exchange-rate dynamics and strong domestic demand.
This divergence highlights how currency movements and local market conditions can outweigh short-term global price fluctuations in determining the gold price in Pakistan.
Outlook: Will Gold Price in Pakistan Continue to Rise?
Market analysts expect gold prices to remain volatile in the near term. Any further weakening of the Pakistani rupee, coupled with geopolitical risks and global interest rate uncertainty, could push gold prices even higher domestically.
For investors, gold continues to offer portfolio stability, while traders remain watchful of both international bullion trends and domestic macroeconomic signals.