Today Gold Price in Pakistan – 24K & 22K Rate Per Tola and Gram (Updated October 2025)

Gold Price in Pakistan October 2025 continues to dominate financial headlines as rates show remarkable movement influenced by international trends, currency shifts, and investor confidence. For millions of Pakistanis, gold is not only a symbol of tradition but also a key hedge against inflation and economic uncertainty.

As of mid-October 2025, the bullion market in Pakistan remains highly active, reflecting continuous fluctuations in the global spot price of gold and the Pakistani rupee’s performance against the U.S. dollar.

For readers seeking authentic and timely updates on gold trends, Pakistan Latest News Updates provide verified daily rates and expert insights. Below, you’ll find a detailed overview of 24-karat and 22-karat gold prices, along with city-wise comparisons, key economic factors behind price movements, and expert commentary to help investors decide the best time to buy or hold gold in Pakistan.

Does Gold Price Increase in 2025? (Updated: 28 October 2025)

Yes — the gold price in Pakistan has maintained a strong and steady rise throughout 2025, with minor corrections observed this week. As of Tuesday, 28 October 2025, the 24-karat gold rate in Pakistan stands at Rs. 425,500 per tola, compared to around Rs. 395,000 per tola in January 2025. This represents an overall gain of nearly Rs. 30,000 per tola within ten months — reflecting Pakistan’s persistent inflation and currency volatility.

🔑 Key Drivers Behind the 2025 Gold Price Trend

1️⃣ Rupee Depreciation

The Pakistani Rupee’s weakness against the US Dollar remains the main force behind domestic gold price inflation. Every dip in the rupee magnifies the effect of global gold rallies, leading to higher gold prices in Pakistan even when international rates remain stable.

2️⃣ Global Bullion Market Movement

In the global bullion market, gold continues trading near $4,080 per ounce, supported by strong investor demand for safe-haven assets amid ongoing geopolitical tensions and slow economic recovery. This trend directly influences Pakistan’s daily gold rate updates.

3️⃣ Inflation & Economic Uncertainty

Pakistan’s persistent double-digit inflation, rising commodity prices, and shrinking purchasing power have made gold one of the few stable investment options. Many investors are choosing gold over volatile stocks or foreign currencies to preserve long-term value.

4️⃣ Seasonal & Cultural Demand

The wedding season in Pakistan (October–December) traditionally boosts gold jewellery sales. High demand from major city markets such as Karachi, Lahore, and Rawalpindi has helped sustain prices despite temporary corrections.

📊 Gold Price Outlook — Late 2025 Forecast

Financial analysts forecast that gold prices in Pakistan will remain firm during 2025, potentially fluctuating between Rs. 440,000 and Rs. 460,000 per tola by December 2025. Unless the rupee recovers significantly or global interest rates rise sharply, gold is expected to maintain its upward momentum.

For most Pakistanis, gold continues to serve as a safe and inflation-resistant asset, securing family savings amid ongoing global and domestic economic challenges.

💰 Today’s Gold Price in Pakistan (28 October 2025)

📍 Source: Karachi Sarafa Jewellers Association (Updated: Tuesday, 28 October 2025)

These rates are followed across Lahore, Islamabad, Peshawar, Quetta, and Faisalabad, as all local markets align with Karachi’s benchmark pricing.

📈 Summary Insight — Pakistan Gold Market 2025

The gold price in Pakistan in 2025 clearly shows three dominant trends driving this year’s price behavior:

1. Rupee depreciation amplifying the effect of international price movements.
2. Global gold rally amid persistent economic and political instability.
3. High domestic demand from jewellers and retail investors, especially in festive months.

Overall, gold continues to outperform other investment assets in Pakistan. Despite short-term fluctuations, the long-term outlook for gold in 2025 remains bullish, with prices likely to strengthen further toward the end of the year.asses in 2025, securing its position as Pakistan’s most trusted and inflation-proof investment.

Read Also: Gold Rates Plunge in Pakistan — Per Tola Down by Rs10,600

🟡 What Is the Gold Rate in Pakistan — October 2025? (Updated 28 October 2025)

Gold prices in Pakistan have continued a strong bullish trend throughout October 2025, supported by a firm international bullion market and increasing local demand during the wedding season. The 24-karat gold rate in Pakistan today (28 October 2025) averages Rs. 425,500 per tola, while 22-karat gold trades close to Rs. 390,039 per tola, reflecting moderate consolidation after record highs earlier in the month.

This movement represents an overall monthly change of around -1.5 %, signaling a natural correction following weeks of rapid appreciation. The Pakistani Rupee’s volatility, international gold prices, and festive-season jewellery buying in Lahore, Karachi, Islamabad, and Peshawar continue to shape these rates.

💰 Gold Price in Pakistan — 28 October 2025 (Updated Today)

✅ Rates Verified By: Karachi Sarafa Jewellers Association via PAVE.com.pk

🌍 Global Gold Market Highlights — October 2025

Global investors still treat gold as a safe-haven asset, driving sustained demand despite temporary profit-taking.

🔑 Why Gold Prices Are Moving in Pakistan

💸 1️⃣ PKR Depreciation

The Pakistani Rupee’s depreciation against the US Dollar has kept local gold prices elevated. Every rupee decline magnifies the global bullion rally’s impact, directly raising domestic rates.

🪙 2️⃣ Global Bullion Rally

Global investors continue to prefer gold as a hedge amid economic and political uncertainty. Spot prices around $ 4,000 – $ 4,100 per ounce support the local market near the Rs. 425,000 per tola mark.

💍 3️⃣ Seasonal Jewellery Demand

October – December marks Pakistan’s wedding season, traditionally the busiest period for jewellers. Heavy purchases in Lahore, Karachi, and Rawalpindi add consistent upward pressure on rates.

📈 4️⃣ Inflation & Safe-Haven Buying

With inflation above 20 %, investors increasingly prefer holding physical gold and silver to protect savings. This safe-haven behavior keeps demand steady across urban and rural markets.

🏙️ City-Wise Gold Rates in Pakistan (28 October 2025 — Approx. Averages)

📊 City-wise variations are minimal and mainly reflect logistics and local Sarafa premiums.

📉 Gold Rate in Pakistan — Last 15 Days (24 K per Tola)

Updated 28 October 2025

📈 Insight (28 Oct 2025):
Gold prices corrected from Rs. 445,800 to Rs. 425,500 per tola in the second half of October, showing a Rs. 20,000 decline after ten consecutive sessions of volatility — largely due to rupee stabilization and international profit-taking.

🌟 Comparison of Gold Purity Levels & Karat Values

💡 24 K gold is pure investment grade, while 22 K and 21 K are commonly used for jewellery in Pakistan.

🪙 Silver Rate in Pakistan — 28 October 2025

Silver remains steady, serving as a low-cost investment alternative to gold and an essential industrial metal.

📊 Gold Market Outlook — Late 2025

Market experts predict that gold prices in Pakistan will remain firm to bullish through the final quarter of 2025. Forecasts suggest possible movement between Rs. 440,000 and Rs. 460,000 per tola by December 2025, depending on:

• The Pakistani Rupee’s strength against the USD
• Global inflation rates and central-bank policies
• Investor sentiment toward safe-haven assets

For most households, gold continues to be the most trusted and inflation-resistant savings option, offering protection from currency volatility and economic uncertainty.

Read Also: Why Gold Price is Increasing in Pakistan? Full Market Analysis 2025

🟡 Month-to-Month Gold Price Comparison — September vs October 2025 (Updated 28 October 2025)

Pakistan’s gold market has witnessed one of its strongest rallies of the year. Between September and October 2025, prices almost doubled, underscoring the metal’s enduring appeal as an inflation-proof investment.

📊 Monthly Average Gold Rate (24K Per Tola)

💡 Insight:
Gold prices in Pakistan have soared by nearly 87 % month-over-month, driven by a mix of global market strength, rupee depreciation, and peak wedding-season demand. This sharp rally cements gold’s role as the country’s most reliable hedge against inflation and market volatility.

Key Factors Behind the October 2025 Gold Surge

1️⃣ Continuous PKR Depreciation — The rupee’s weakness against the U.S. dollar inflated domestic bullion costs despite stable global rates.
2️⃣ Global Bullion Rally Above $2,450/oz — International investors remain heavily positioned in gold amid recession fears.
3️⃣ High Jewellery & Investment Demand — The October-November wedding rush has boosted local gold buying across Karachi, Lahore, and Islamabad.
4️⃣ Inflation & Safe-Haven Appeal — With consumer prices rising, households continue shifting savings toward physical gold holdings.

Gold Price in Pakistan — By Karat & Weight (Updated 28 October 2025)

✅ Rates Verified From: Karachi Sarafa Jewellers Association via PAVE.com.pk
📅 Last Updated: Monday, 28 October 2025 – 1:00 PM PST

Silver vs Gold Price Comparison — 28 October 2025

Silver continues its steady upward climb, fueled by industrial applications such as solar panels and electronics manufacturing.

Gold Market Summary — October 2025

Despite weekend corrections, gold prices remain near record highs. The September-October rally reflects persistent macroeconomic stress, currency weakness, and festive-season buying.

Analysts project that gold could retest Rs. 450,000 – Rs. 460,000 per tola in the coming weeks, while silver is expected to hover between Rs. 5,100 – Rs. 5,200 per tola depending on global bullion movements.

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Key Factors Influencing Gold Prices in Pakistan 2025;

1. Global Bullion Market Rally

Tensions in the Middle East, weaker dollar performance, and falling U.S. bond yields boosted demand for safe-haven assets like gold. The global index hovered near a yearly high of USD 2,420 per ounce, lifting local prices.

2. PKR Depreciation

A weaker rupee directly raises import costs for gold, as bullion is traded internationally in USD. The October depreciation added approximately Rs. 2,000–2,500 per tola locally.

3. Inflation and Economic Uncertainty

High inflation and rising living costs make gold a secure store of value. Many Pakistanis prefer holding gold over cash deposits that are losing real purchasing power.

4. Seasonal Demand for Jewellery

October marks the beginning of Pakistan’s wedding season. Retail demand for ornaments and bridal jewellery typically adds a temporary premium to rates.

5. Tight Import Policies

Import restrictions and higher duties have reduced the supply of raw gold, forcing jewellers to adjust retail prices upward to cover costs.

Read Also: Gold Rate in Pakistan History (1947–2025): 24K Gold Price Trends & Investment Insights

Should You Buy Gold in October 2025?

Experts recommend a cautious accumulation approach. The market appears slightly overbought after continuous gains since July 2025, yet long-term fundamentals remain strong.

• For Short-Term Traders: Wait for pullbacks near Rs. 238,000 per tola before entering.
• For Long-Term Investors: Continue buying gradually; analysts project an upward trajectory toward Rs. 250,000 per tola by early 2026.
• For Jewellery Buyers: Buy in smaller quantities to avoid overpaying during the seasonal demand surge.

Gold’s role as a hedge against inflation and currency devaluation remains solid, making it an important part of diversified savings portfolios.

Read More: Today Gold Rate in Pakistan 19 October 2025 — Latest Per Tola & Gram Prices

Global Comparison – Gold Price Across Major Markets (Updated: 28 October 2025)

Gold prices across the world remained near record highs through October 2025, with Pakistan, India, and Dubai leading the South-Asian bullion trade. The following table compares spot prices (24-karat gold per ounce) and their local per-tola equivalents across major markets.

🌐 Global Gold Rate Comparison – October 2025

✅ Sources: Karachi Sarafa Jewellers Association, London Bullion Market Association (LBMA), Dubai Gold & Jewellery Group — compiled by PAVE.com.pk
📅 Last Updated: Monday, 28 October 2025 — 1:00 PM (PST)

🌎 Global Market Insight

Pakistan’s domestic gold prices remain 3 – 5 percent higher than Dubai due to PKR depreciation, import duties, and logistics margins that elevate local bullion costs.

In contrast, India’s gold prices stay closely aligned with global benchmarks thanks to a stronger rupee and robust retail demand during the Diwali–wedding season.

London’s rate includes VAT and refining premiums, making it the highest per-tola equivalent globally, exceeding Rs. 575,000.

Meanwhile, the U.S. market remains the benchmark hub for international spot trading, with prices consolidating around $2,450 per ounce during late October 2025.

💹 Global Gold Market Summary — Late October 2025

Gold continues to perform steadily across international exchanges. Prices are hovering near all-time highs amid persistent inflationary pressures, central-bank accumulation, and geopolitical risks.

Pakistan’s premium over Dubai and India reflects currency disparity and import constraints, while London and New York retain their positions as key reference centers for institutional bullion trading.

🔮 Forecast — Will Gold Prices Drop Again?

Minor pullbacks may occur in November 2025, but analysts expect limited downside risk.
Forecasts indicate that prices are likely to stabilize between Rs. 438,000 and Rs. 442,000 per tola through December 2025.

If the U.S. dollar weakens or global uncertainty deepens, gold could rally again toward Rs. 450,000 + per tola by Q1 2026.

📊 Economic Outlook for 2026

• Stable-to-bullish gold trend expected through 2026.
• 10 – 12 percent annual return potential for long-term investors.
• Jewellery demand projected to rise from December 2025 to March 2026 as seasonal buying continues.

📈 Historical Pattern of Gold in Pakistan (2023 – 2025)

📅 Updated: 28 October 2025 — Karachi Sarafa Jewellers Association

💡 Market Insight — Why Gold Prices Doubled in 2025

Gold prices in Pakistan have nearly doubled in 2025, marking the strongest annual surge in over a decade. The extraordinary rise underscores how both global dynamics and local economic pressures shaped investor sentiment.

🔑 Key Drivers Behind the Record Surge

1️⃣ Global Gold Rally — Spot prices near $2,450 per ounce as investors flock to safe-haven assets.
2️⃣ Rupee Depreciation — Persistent PKR weakness has magnified global price gains in local terms.
3️⃣ Inflationary Pressure — Double-digit inflation prompted investors to move toward tangible assets.
4️⃣ Flight to Safety — Reduced confidence in stocks and real estate channels savings into physical gold.

Read More: Punjab Rozgar Support Programme October 2025 – A Lifeline for Youth Employment

Daily Gold Rate Monitoring Methods

To stay updated on every fluctuation:

• Visit pave.com.pk for verified, updated gold rate tables.
• Follow All Pakistan Gems & Jewellers Association (APGJA) for official bulletins.
• Check city-based Sarafa markets such as Tariq Road (Karachi), Liberty Market (Lahore), and Blue Area (Islamabad) for the latest retail quotations.

Impact on Economy and Households 2025:

The continuous rise in gold rates affects not only investors but also households planning weddings or savings in physical assets. Higher prices have led to:

• Reduced jewellery purchases by middle-income families.
• Increased pawn and resale activity, as people liquidate older ornaments.
• Growth in gold-backed financing products, where banks allow borrowing against gold holdings.

Technological Shift – Digital Gold in Pakistan:

2025 has witnessed a significant move toward digital gold trading. Fintech apps and banks now offer customers the ability to:

• Buy fractional grams of gold online.
• Monitor real-time market prices.
• Sell or convert holdings into cash anytime.

This innovation has increased participation from younger investors who prefer convenience and transparency over physical ownership.

Gold Price Outlook for 2026:

By mid-2026, experts predict that gold in Pakistan could average Rs. 500,000 to Rs. 520,000 per tola, based on the ongoing surge seen in October 2025. The rupee is expected to stabilize near 290–295 per USD, which may slow extreme volatility but keep prices elevated. If global inflation or geopolitical tensions intensify, gold could climb even higher than current projections.

❓ FAQs about Gold Rate in Pakistan 2025:

Note: Rates are sourced from Karachi Sarafa Association and may vary slightly differ in local markets. Prices varies multiple times a day depending on international gold index and currency fluctuations.