Gold Price in Pakistan Today 23 November 2025 – New Per Tola Rate Announced
Gold Price in Pakistan Today 23 November 2025, as the domestic bullion market continued to follow the trend set by the Karachi Sarafa Market, which is the central hub of gold trading in the country. With global gold prices holding steady and the Pakistani rupee experiencing minimal fluctuation, today’s gold rates remained within a narrow range, bringing a sense of predictability for investors, jewellers, and buyers across Pakistan.
Gold remains one of the most trusted investment options in Pakistan, especially during times of economic uncertainty. The precious metal is also in high demand during the ongoing wedding season, where thousands of families are actively buying jewellery. As a result, the daily gold rate is closely monitored by both the market and the public.
As per the latest update available for 23 November 2025, the 24-karat gold rate per tola in Pakistan stands at:
➡️ Rs. 437,600 per tola (24-karat)
This rate reflects the national average based on Karachi’s benchmark pricing. Most cities, including Lahore, Islamabad, Rawalpindi, Peshawar, Quetta, and Faisalabad, follow Karachi’s rate, with slight variations of a few hundred rupees due to transportation, supply, and local market dynamics.
What is the gold rate in Pakistan 2025?
In 2025, gold prices in Pakistan moved within a broad but predictable range as global markets responded to inflation trends, interest-rate decisions, and geopolitical developments. Throughout the year, the average 24-karat gold price generally stayed between Rs. 420,000 and Rs. 455,000 per tola, depending on the month and international market performance. Seasonal factors—especially wedding months—also influenced demand within the local Sarafa markets, creating small upward spikes. Overall, 2025 has been viewed as a relatively steady year for gold in Pakistan, without the extreme volatility seen in earlier years.
What would be the gold rate in 2025?
Forecasting the gold rate for any specific point in 2025 requires considering global conditions, including the US dollar movement, international gold spot price, and global economic pressures. Based on expert projections and market behaviour, gold is expected to hover within the Rs. 425,000 to Rs. 470,000 per tola range throughout the year. If international inflation rises or geopolitical uncertainty increases, gold may trend toward the higher side. Conversely, economic stability and a stronger rupee can keep prices closer to the lower range. These estimates help buyers and investors plan their gold purchases more confidently.
Gold Prices in Pakistan Today – Complete Breakdown (23 November 2025)
To help buyers and investors make informed decisions, here are the updated prices for all major purity levels.
24 Karat Gold (999 Purity)
- Per Tola: Rs. 437,600
- Per 10 Gram: Rs. 375,180
- Per Gram: Rs. 37,518
- Per Ounce: Rs. 1,063,620
22 Karat Gold (916 Purity)
- Per Tola: Rs. 401,130
- Per 10 Gram: Rs. 343,912
- Per Gram: Rs. 34,391
- Per Ounce: Rs. 974,978
21 Karat Gold (875 Purity)
- Per Tola: Rs. 382,900
- Per 10 Gram: Rs. 328,283
- Per Gram: Rs. 32,828
- Per Ounce: Rs. 930,668
18 Karat Gold (750 Purity)
- Per Tola: Rs. 328,200
- Per 10 Gram: Rs. 281,385
- Per Gram: Rs. 28,139
- Per Ounce: Rs. 797,715
These prices are applicable to the entire country and updated according to the official Karachi Sarafa Association notifications.
City-Wise Gold Rates in Pakistan (23 November 2025)
Although Karachi sets the base gold price, slight differences can appear across cities. Here is today’s city-wise overview:
| City | 24K Price (Per Tola) |
|---|---|
| Karachi | Rs. 437,600 |
| Lahore | Rs. 437,650 |
| Islamabad | Rs. 437,700 |
| Rawalpindi | Rs. 437,700 |
| Quetta | Rs. 437,800 |
| Peshawar | Rs. 437,750 |
| Faisalabad | Rs. 437,650 |
The difference between cities usually ranges between Rs. 50 to Rs. 200, mainly due to transportation, local demand, and the jewellers’ own profit margins.
Why Are Gold Prices Stable Today? – Market Analysis
Gold prices in Pakistan depend on multiple factors, and the stability in today’s rates can be linked to several international and domestic developments:
1. Global Gold Market Steady
International spot gold hovered in the same range throughout the week, showing no major spike or drop. Stable global demand keeps prices balanced.
2. USD/PKR Exchange Rate Unchanged
The Pakistani rupee remained stable in the open market. Since gold prices are directly linked to the value of the rupee against the US dollar, a stable exchange rate prevents sharp movements in domestic gold prices.
3. Decreased Volatility in International Energy Markets
Lower global oil prices often reduce inflationary pressure, indirectly contributing to gold stability.
4. Local Demand Normal
Although wedding season increases demand, jewellers report that the increase is balanced and not aggressive enough to spike the price.
Gold Price Movement in the Last 15 Days
Gold prices have shown controlled movement over the past two weeks. Here is a snapshot:
| Date | Closing Rate (24K Per Tola) |
|---|---|
| 22 Nov | 437,600 |
| 21 Nov | 437,000 |
| 20 Nov | 438,300 |
| 19 Nov | 438,800 |
| 18 Nov | 435,000 |
| 17 Nov | 437,000 |
| 16 Nov | 438,000 |
| 15 Nov | 438,000 |
| 14 Nov | 443,800 |
| 13 Nov | 448,700 |
| 12 Nov | 435,800 |
| 11 Nov | 437,000 |
| 10 Nov | 431,000 |
| 09 Nov | 422,500 |
| 08 Nov | 422,500 |
This data shows that gold touched a monthly high near Rs. 448,700, then gradually decreased and stabilized around the Rs. 437,000 – Rs. 438,000 range.
Gold Investment Sentiment in Pakistan
Gold remains the most trusted asset for long-term savings in Pakistan. In 2025, economic uncertainty, inflation, and global currency instability have made gold even more attractive.
Here’s why Pakistanis prefer gold:
1. Safe-Haven Asset
When currencies weaken or inflation rises, gold retains its value.
2. High Liquidity
Gold can be easily sold anywhere in Pakistan without loss of interest.
3. Cultural Importance
Gold plays a central role in weddings, gifts, savings, and family wealth transfer.
4. Long-Term Return Potential
Historically, gold prices increase over time. Even short-term dips are seen as buying opportunities.
Should You Buy Gold Today?
As gold is stable today, many investors and families consider this a good time to buy. The following groups can especially benefit:
✔ Long-Term Investors
Those who want to secure their wealth should consider buying during stable days.
✔ Wedding Shoppers
Prices are steady, making today a comfortable buying period.
✔ Small Investors
People purchasing 1–5 grams see less fluctuation risk.
✔ Traders
Those following short-term trends may observe the stable range and plan their moves.
How Karachi Sarafa Market Controls Gold Rates
Karachi is the central bullion hub of Pakistan. Here’s how it influences national rates:
- Karachi Sarafa Association sets the daily base price.
- All other cities follow this price with slight adjustments.
- International gold prices, PKR/USD trends, local supply, and demand determine the final rate.
Karachi’s accuracy is why most gold websites—including major portals—use its official pricing.
Gold Purity Levels Explained
Understanding gold purity helps buyers make informed decisions:
- 24K (999 purity): Purest form, ideal for investment.
- 22K (916 purity): Most common in jewellery.
- 21K (875 purity): Used in ornaments and bangles.
- 20K (833 purity): Less common, used in certain designs.
- 18K (750 purity): Used in modern jewellery and diamond settings.
- 14K (583 purity): Very durable but less popular in Pakistan.
Why Gold Prices Change Daily
Several factors cause gold rates to change:
- International gold prices (London Bullion Market)
- Dollar-to-rupee exchange rate
- Pakistan’s inflation rate
- Demand during wedding seasons
- Import duties and taxes
- Global financial market stability
- Central bank gold reserves policies
Because of these reasons, gold can change multiple times in a single day.
Conclusion – Gold Price in Pakistan Today 23 November 2025
The gold price in Pakistan today, 23 November 2025, stands at Rs. 437,600 per tola, reflecting a stable trend in both global and domestic markets. As the wedding season continues and global uncertainties persist, gold remains one of the safest investment options for Pakistanis.
The consistent price movement over the last few days shows that the market is balanced. With no major economic or global shocks anticipated in the next 24–48 hours, gold prices are expected to remain stable in the near term.
For the latest, accurate, and updated gold rates, always follow reliable sources and official market announcements.
