Breaking News: Gold Prices in Pakistan Increase Massively – Per Tola Hits Record Rs. 424,162 Today
🕒 Published: October 31, 2025 by Muqaddas Tahreem
Gold Prices in Pakistan Increase Massively once again, reaching new record highs as investors rush to secure safe-haven assets amid global economic uncertainty. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 24-karat gold rate in Pakistan surged by Rs. 5,300 per tola, touching an unprecedented Rs. 424,162 in the local bullion market on Friday.
This marks one of the sharpest daily jumps in recent months and reflects both the surge in international gold prices and the depreciation of the Pakistani rupee against the U.S. dollar — two critical drivers of domestic price movement.
The gold rate today Pakistan has been on an upward trajectory for several weeks, and jewellers across Karachi, Lahore, Islamabad, and Peshawar report active trading despite high volatility. The latest figures reaffirm Pakistan’s deep connection to the global gold market, where inflation fears, geopolitical uncertainty, and currency fluctuations have fueled renewed investor interest.
Record Gold Price 2025 – Per Tola Reaches Rs. 424,162
The per-tola gold price 2025 recorded one of its biggest daily gains of the year. Alongside, the 10-gram 24-karat gold rate rose by Rs. 4,544, settling at Rs. 363,650.
Just a day earlier, gold had closed at Rs. 418,862 per tola after a small correction of Rs. 1,000. Friday’s surge not only reversed those losses but set a fresh milestone for bullion traders and investors.
| Gold Type | Price (Rs.) | Change (Rs.) |
|---|---|---|
| 24K Gold per Tola | 424,162 | +5,300 |
| 24K Gold per 10 g | 363,650 | +4,544 |
| 22K Gold per 10 g | 333,346 | +4,160 |
| Silver per Tola | 5,192 | +158 |
Jewellers in major markets said the sudden rise sparked brisk buying from traders and exporters, though retail customers remained cautious due to soaring rates.
Read Also: Today Gold Price in Pakistan – 24K & 22K Rate Per Tola and Gram (Updated October 2025)
Gold Rate Today Pakistan Shows Strong Uptrend in Major Cities
Across Pakistan, the gold rate today Pakistan has shown a consistent upward trend. In Karachi, gold remained the most expensive, followed closely by Lahore and Islamabad.
According to bullion dealers, these prices fluctuate daily based on currency movements, international market sentiment, and domestic demand.
| City | 24K Per Tola (Rs.) | 10 Grams (Rs.) |
|---|---|---|
| Karachi | 424,162 | 363,650 |
| Lahore | 424,200 | 363,680 |
| Islamabad | 424,180 | 363,660 |
| Peshawar | 424,150 | 363,630 |
| Multan | 424,190 | 363,650 |
| Quetta | 424,250 | 363,700 |
The APGJSA gold update 2025 also noted that silver rates are following the same trend, as the overall precious-metal market remains buoyant.
International Gold Prices Continue to Rise
In the global market, spot gold was quoted at $4,018 per ounce (including a $20 premium), up $53 from the previous day. By early Friday, however, prices slipped slightly to $4,004 per ounce as the U.S. dollar index strengthened.
Despite this brief pullback, analysts expect bullion to post its third consecutive monthly gain thanks to persistent inflation fears and slowing economic growth in major economies.
U.S. gold futures for December delivery traded around $4,016.70 per ounce, signaling continued investor confidence. The Federal Reserve’s monetary policy stance and geopolitical concerns remain key factors shaping short-term price directions.
Why Are Gold Prices Increasing in Pakistan?
Experts cite multiple interconnected reasons for the massive increase in gold prices in Pakistan:
- Rupee Depreciation: The falling Pakistani rupee against the U.S. dollar increases the landed cost of imported gold.
- Global Inflation: Rising inflation encourages investors to seek safer assets like gold.
- Interest-Rate Uncertainty: Central-bank decisions have created volatility across markets.
- Wedding Season Demand: Domestic jewellery purchases rise sharply between October and December.
- Limited Supply: High import duties and exchange-rate restrictions reduce bullion inflows, tightening local supply.
As a result, Pakistan’s local market mirrors the international uptrend almost immediately after global price movements.
Comparison with Previous Months
A review of price data shows that in early September 2025, the gold rate in Pakistan hovered around Rs. 414,000 per tola. Within two months, prices have climbed by more than Rs. 10,000, equivalent to nearly a 2.5 percent monthly increase.
Globally, gold has gained about 3.9 percent this month alone, reinforcing its position as a preferred hedge against economic instability.
Silver Rate Pakistan Also Climbs Higher
While gold grabs headlines, the silver rate Pakistan has quietly gained momentum too. On Friday, silver prices rose by Rs. 158 per tola, settling at Rs. 5,192, while 10-gram silver touched Rs. 4,449.
The rise in silver is linked to its dual demand — industrial and investment — as global manufacturing and technology sectors continue to expand.
Global Economic Factors Driving the Rally
The sustained rally in both gold and silver can be attributed to several global economic triggers:
- Persistent Inflation: Central banks struggle to contain price growth, keeping gold attractive.
- Geopolitical Tensions: Conflicts and trade uncertainties fuel safe-haven demand.
- Stock-Market Weakness: Investors shift funds from equities to commodities.
- Central-Bank Reserves: Countries like China, India, and Russia are expanding gold holdings.
- Oil-Price Volatility: Rising energy prices contribute to global inflation expectations.
These factors have combined to create a strong upward cycle for gold that is now echoing through local markets like Pakistan.
Impact on Local Buyers and Investors
For average Pakistanis, higher gold prices mean costlier jewellery purchases, particularly during the peak wedding season.
Jewellery shop owners in Karachi’s Saddar and Lahore’s Liberty Market report customers opting for 22-karat gold or lighter designs to manage budgets.
Meanwhile, long-term investors view the rally as a chance to preserve wealth amid ongoing rupee devaluation.
Economists caution that persistently high gold rates could:
- Increase import bills.
- Reduce consumer spending.
- Put pressure on Pakistan’s current-account balance.
Despite these concerns, the gold market remains one of the most stable investment avenues in uncertain times.
Expert Opinions on Future Gold Rate in Pakistan 2025
Market observers forecast that the gold price in Pakistan 2025 will likely fluctuate between Rs. 420,000 and Rs. 430,000 per tola in the coming weeks.
If the rupee weakens further or global inflation accelerates, prices could test the next resistance level of Rs. 435,000 per tola.
Read Also: Gold Rate in Pakistan History (1947–2025): 24K Gold Price Trends & Investment Insights
According to Haji Haroon Chand, senior member of the Karachi Sarafa Bazaar,
“The market remains highly volatile. Investors holding physical gold are benefiting, but retail buyers are finding it difficult to keep up with such rapid price changes. We expect more fluctuations before stability returns.”
How the Dollar and Oil Markets Affect Gold Prices
The U.S. dollar index and global oil prices are two major external factors influencing local gold trends.
When the dollar strengthens, gold becomes more expensive in rupee terms. Similarly, rising crude-oil prices raise global inflation expectations, pushing investors toward gold as protection against currency loss.
Long-Term Outlook for Pakistan’s Gold Market
Over the long run, analysts believe Pakistan’s gold market will continue to show moderate bullish momentum.
Several reasons support this forecast:
- Continuous currency depreciation trends.
- Domestic demand from the jewellery sector.
- Increasing use of gold as collateral in digital-finance products.
- Safe-haven preference during political or fiscal uncertainty.
However, experts advise caution for short-term traders since volatility could trigger daily swings of Rs. 1,000–2,000 per tola.
Check Also: Gold Rate in Pakistan Today 31 October 2025 (Latest Update)
FAQs – Gold Prices in Pakistan:
Q1: What is the current gold rate in Pakistan?
As of today, the 24-karat gold rate stands at Rs. 424,162 per tola.
Q2: Why did gold prices rise sharply?
Due to rupee depreciation, global inflation, and increased safe-haven demand.
Q3: What is the 10-gram gold price?
It is Rs. 363,650 for 24-karat gold.
Q4: Are silver prices increasing too?
Yes, silver has risen by Rs. 158 per tola, reaching Rs. 5,192.
Q5: Is it a good time to buy gold?
Experts recommend waiting for short-term dips; long-term investors can still benefit.
Q6: Which cities have the highest gold prices?
Karachi, Lahore, and Quetta generally post slightly higher rates due to import and transport costs.
Q7: How does the dollar affect gold prices?
A stronger dollar increases local gold costs, while a weaker one helps stabilize prices.
Q8: Will gold prices fall soon?
Unlikely in the short term. Analysts expect continued volatility but overall upward momentum.
Conclusion – Gold Prices in Pakistan Increase Massively
To conclude, Gold Prices in Pakistan Increase Massively as the per-tola gold rate today surges to Rs. 424,162, marking a historic high for 2025. The rise mirrors the global rally in bullion prices, compounded by the rupee’s weakness and growing inflation fears. While this trend benefits investors, it also presents challenges for everyday consumers preparing for weddings or savings. Experts agree that Pakistan’s gold market will stay volatile yet bullish in the months ahead. Monitoring the gold rate today Pakistan remains essential for both traders and households planning major purchases or investments.
