Breaking News: Gold Prices in Pakistan Rise After Record Drop – Latest Per Tola & Gram Rates Today
🕒 Published: October 29, 2025 by Muqaddas Tahreem
Gold Prices in Pakistan Rise After Record Drop as the bullion market witnessed a sharp recovery on Wednesday, reversing the massive decline seen just a day earlier. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola surged by Rs. 3,500, reaching Rs. 419,862, while the 10-gram rate climbed by Rs. 3,000 to settle at Rs. 359,963.
This strong rebound came after Tuesday’s historic drop of Rs. 14,000 per tola, which had shaken investor confidence across the country. Experts say the latest increase reflects global market corrections, rising investor demand, and expectations of an upcoming U.S. Federal Reserve rate cut, which typically boosts gold prices worldwide.
The rebound came as a relief for local investors and jewellers who witnessed a massive plunge of Rs. 14,000 per tola on Tuesday. Analysts believe the rise was driven by global recovery in gold prices and renewed investor interest after a correction in the international market.
Pakistan Gold Rate – Latest Market Overview
The following table shows the latest gold and silver rates across Pakistan for October 29, 2025:
| Weight | Price Change | New Rate (PKR) |
|---|---|---|
| Per Tola | +Rs. 3,500 | Rs. 419,862 |
| 10 Grams | +Rs. 3,000 | Rs. 359,963 |
| Silver (Per Tola) | +Rs. 110 | Rs. 5,034 |
According to traders, this rise is part of a global trend where gold regained its value after a short-lived correction phase. The market reacted positively to expectations of a U.S. Federal Reserve interest rate cut, which generally supports precious metal prices.
What Caused Gold Prices to Rise Again in Pakistan
Market analysts have identified several key factors behind the rebound in gold prices:
- Global Rate Recovery:
After hitting a low point on Tuesday, international gold prices climbed by $35 per ounce, closing at $3,975 (including a $20 premium). - Federal Reserve Policy Expectations:
Traders anticipate that the U.S. Federal Reserve will announce an interest rate cut soon, making gold a more attractive investment. - Rupee Stability:
The Pakistani Rupee stabilized slightly against the U.S. Dollar, helping to balance import costs for bullion traders. - Renewed Local Demand:
With the wedding season approaching, jewellers reported an increase in consumer buying activity, adding further upward pressure on prices.
International Gold Prices – Global Market Movement
The global bullion market also saw modest recovery after days of decline. As of 0257 GMT, spot gold was trading at $3,957.42 per ounce, up 0.2%, while U.S. gold futures for December delivery were at $3,971.20 per ounce, down slightly by 0.3%.
Analysts noted that the rebound came amid expectations of monetary easing by major economies and improving trade relations between the U.S. and China. However, the gains were limited as investors balanced their portfolios between gold and equities.
Local Market Reaction – Buyers Return to Gold Shops
Across Pakistan, jewelers in Karachi, Lahore, and Islamabad confirmed an increase in customer activity following the price adjustment. Many buyers who had postponed purchases earlier in the week rushed to capitalize on the still comparatively lower prices before the next hike.
According to a trader in Lahore’s Sarafa Bazaar:
“After Tuesday’s drop, people were expecting another fall, but Wednesday’s quick rebound surprised many. We’re seeing active buying again.”
The APGJSA further confirmed that silver prices also saw an upward trend, increasing by Rs. 110 to reach Rs. 5,034 per tola — signaling a strong demand recovery in precious metals.
Comparison with Previous Day’s Fall
Just 24 hours earlier, on Tuesday, the per tola gold price had plunged by Rs. 14,000, marking one of the steepest single-day declines in recent history. The fall took the rate down from Rs. 430,362 to Rs. 416,362, primarily due to profit-taking and global corrections.
However, Wednesday’s quick rebound reflects market confidence returning as both local and global investors reconsidered gold’s long-term value amid inflation concerns.
City-Wise Gold Prices in Pakistan Today
| City | Per Tola Rate | 10 Gram Rate |
|---|---|---|
| Karachi | Rs. 419,862 | Rs. 359,963 |
| Lahore | Rs. 419,900 | Rs. 360,000 |
| Islamabad | Rs. 419,850 | Rs. 359,950 |
| Quetta | Rs. 420,100 | Rs. 360,050 |
| Peshawar | Rs. 419,880 | Rs. 359,970 |
These slight variations are mainly due to local demand and supply differences in each city’s bullion market.
Check Also: Gold Price in Pakistan Today 29 October 2025 – Latest Per Tola & Gram Prices
Why Gold Prices Are So Volatile in Pakistan
Gold prices in Pakistan are highly sensitive to two main factors: international gold rates and the USD-PKR exchange rate. Since Pakistan imports almost all of its gold, any fluctuation in global prices or the value of the rupee directly affects local rates.
Other contributing factors include:
- Inflation expectations
- Global economic slowdown
- Central bank policies
- Local demand during wedding season
- International political or financial crises
Even small shifts in these areas can trigger major changes in daily gold prices.
Investor Sentiment and Market Outlook
Analysts in Karachi’s bullion market predict continued volatility over the coming weeks. If the U.S. Federal Reserve confirms a rate cut, gold could see another upward wave both globally and in Pakistan. However, any sudden strengthening of the dollar may again push prices lower temporarily.
Investors are advised to watch the international market closely before making large-scale gold purchases or sales.
Global Market Snapshot
| Indicator | Current Price | Change |
|---|---|---|
| Spot Gold | $3,957.42 per ounce | +0.2% |
| U.S. Gold Futures (Dec) | $3,971.20 per ounce | -0.3% |
| Average International Price | $3,975 | +$35 |
| Silver (Local) | Rs. 5,034 per tola | +Rs. 110 |
These trends reflect the global market’s gradual recovery after last week’s decline, supported by growing expectations of softer monetary policy.
Expert Opinions
Financial experts believe gold will continue to serve as a safe-haven investment for Pakistanis amid ongoing inflation and currency depreciation.
“Gold’s long-term trend remains bullish. Even if there are temporary corrections, investors still view gold as a shield against inflation and economic instability,” said one financial analyst from Islamabad.
He added that if global inflation persists, Pakistan could witness another record-breaking surge in local gold prices before the end of 2025.
Future Prediction – What’s Next for Gold Prices?
According to the current data, gold prices in Pakistan are likely to hover between Rs. 418,000 and Rs. 425,000 per tola in the short term. The next major shift will depend on:
- U.S. Federal Reserve’s policy decision,
- Pakistan’s currency trend, and
- Global inflation data.
If the dollar weakens or inflation expectations rise, local prices may test new highs again in the coming months.
Frequently Asked Questions (FAQs) about Gold Prices in Pakistan Rise
1. What is the current gold rate in Pakistan today?
The current gold price in Pakistan is Rs. 419,862 per tola and Rs. 359,963 per 10 grams.
2. Why did gold prices increase today?
Gold prices increased due to global recovery, expectations of U.S. rate cuts, and higher local demand.
3. Which city has the highest gold rate in Pakistan?
Quetta currently has the highest rate, with gold trading at around Rs. 420,100 per tola.
4. How do international prices affect local gold rates?
Local gold prices depend on international bullion rates and the Pakistani rupee’s exchange rate against the dollar.
5. What was the biggest fall in gold prices recently?
On Tuesday, gold dropped Rs. 14,000 per tola, one of the sharpest declines of 2025.
6. What is the current silver rate in Pakistan?
Silver is trading at Rs. 5,034 per tola after a rise of Rs. 110.
7. Is it a good time to invest in gold now?
Experts recommend gradual buying since prices are expected to rise further in the long term.
8. What is the forecast for November 2025?
Gold prices may remain volatile, with expected fluctuations between Rs. 418,000–425,000 per tola depending on global trends.
Check Also: Today Gold Price in Pakistan – 24K & 22K Rate Per Tola and Gram (Updated October 2025)
Conclusion – Gold Prices in Pakistan Rise After Record Drop
The rise in gold prices in Pakistan after a record drop shows how volatile yet resilient the bullion market remains. While international factors continue to shape daily rates, Pakistan’s local demand, rupee performance, and investor confidence will play a crucial role in the weeks ahead. For many Pakistanis, gold remains more than just a luxury—it’s a financial safety net amid uncertain economic times.
