Pakistan Gold Price Today 20 October 2025 Latest Per Tola & Gram Prices
Pakistan Gold Price Today 20 October 2025 shows a strong upward movement, reflecting the combined impact of a weakening rupee, global bullion strength, and robust local demand. On Monday, the 24-karat gold price in Pakistan reached Rs. 450,490 per tola and Rs. 386,633 per 10 grams, according to the Karachi Sarafa Jewellers Association.
This surge highlights the ongoing volatility in the precious-metal market as investors seek safe-haven assets amid persistent inflation and currency instability.
Read Also: Today Gold Rate in Pakistan – Live 24K, 22K, and 21K Gold Prices (Updated October 23, 2025)
For millions of Pakistanis, gold remains far more than just jewellery — it is a financial shield against uncertainty, inflation, and rupee depreciation. October 2025 has reinforced that status as the yellow metal continues its steady climb both globally and locally.
💰 Pakistan Gold Price Overview (20 October 2025)
| Purity | Price Per Tola (PKR) | Price Per 10 Grams (PKR) | Price Per Gram (PKR) |
|---|---|---|---|
| 24K Gold (999) | Rs. 450,490 | Rs. 386,633 | Rs. 38,663 |
| 22K Gold (916) | Rs. 412,949 | Rs. 354,746 | Rs. 35,475 |
| 21K Gold (875) | Rs. 394,194 | Rs. 338,800 | Rs. 33,880 |
| 18K Gold (750) | Rs. 337,868 | Rs. 290,000 | Rs. 29,000 |
Source: Karachi Sarafa Association / Gold.pk – Updated 20 October 2025
Read Also: Gold Price Outlook 2025 – Pakistan Market Analysis & Expert View
🌍 International Gold Market Snapshot
| Metal | Symbol | Per Ounce (USD) | Per 10g (USD) | Per Tola (USD) |
|---|---|---|---|---|
| Gold | XAU | 4,249.97 | 1,366.37 | 1,592.05 |
| Silver | XAG | 51.91 | 16.69 | 19.44 |
| Platinum | XPT | 1,615.98 | 519.54 | 605.35 |
| Palladium | XPD | 1,485.98 | 477.75 | 556.65 |
At the global level, gold remains above $4,200 per ounce, a multi-month high supported by geopolitical tensions, inflation worries, and weak bond yields. This bullish environment has directly influenced Pakistan’s domestic market, which relies heavily on imported bullion priced in U.S. dollars.
Read Also: Future Gold Price in Pakistan – Expected Increase December 2025
🏙️ Gold Rates in Major Pakistani Cities (Updated Today)
| City | 24K Per Tola (PKR) | 22K Per Tola (PKR) |
|---|---|---|
| Karachi | 450,490 | 412,949 |
| Lahore | 451,000 | 413,400 |
| Islamabad | 450,900 | 413,000 |
| Peshawar | 450,700 | 412,800 |
| Faisalabad | 450,600 | 412,700 |
| Quetta | 450,650 | 412,750 |
Karachi remains the benchmark city for gold trading, setting the tone for rates nationwide. Slight variations exist in Lahore, Islamabad, and other major markets due to transportation costs and local demand.
Read Also: Gold Price Forecast Pakistan – Will Gold Rise in November 2025?
📈 Month-to-Month Comparison: September vs. October 2025
| Month | Average 24K Gold Rate (PKR/Tola) | Change | % Increase |
|---|---|---|---|
| September 2025 | Rs. 238,400 | — | — |
| October 2025 (as of 20 Oct) | Rs. 450,490 | +Rs. 212,090 | +89% |
This incredible rise — nearly double in just one month — demonstrates how the rupee’s depreciation, combined with rising global gold prices, can drastically impact local markets. Analysts call it one of the strongest surges in Pakistan’s bullion history.
Check Alos: Today Gold Price in Pakistan – 24K & 22K Rate Per Tola and Gram (Updated October 2025)
⚙️ Key Drivers Behind Rising Gold Prices in Pakistan
1. Rupee Depreciation
The Pakistani rupee’s slide to around Rs. 292 per USD has had a direct impact. Gold is traded globally in dollars, so any weakness in PKR automatically translates to higher domestic rates. Even a one-rupee depreciation can add hundreds of rupees per tola.
2. Global Inflation and Safe-Haven Demand
Persistent inflation across major economies and geopolitical uncertainty have kept investors glued to gold. The metal’s appeal as a safe-haven asset has strengthened further amid global stock market volatility.
3. Local Investment Behavior
In times of economic distress, Pakistanis traditionally shift savings from cash or property to gold. This psychological trust in the metal increases demand whenever inflation spikes.
4. Seasonal Jewellery Demand
The wedding season — spanning October to February — brings a surge in jewellery purchases. Even when prices soar, cultural traditions ensure steady buying, which keeps the retail market hot.
5. Supply Chain Challenges
With import restrictions and higher duties on bullion, local jewellers face supply shortages. This scarcity fuels further price hikes, as shop owners adjust retail margins to offset import costs.
Read Also: Gold Rate in Pakistan History (1947–2025): 24K Gold Price Trends & Investment Insights
📊 Daily Gold Price Trend – October 2025
| Date | Closing Rate (PKR/Tola) | Day High | Day Low |
|---|---|---|---|
| 20 Oct | 450,490 | 451,000 | 449,800 |
| 19 Oct | 460,300 | 460,650 | 460,100 |
| 18 Oct | 460,300 | 460,650 | 460,100 |
| 17 Oct | 469,000 | 469,350 | 468,800 |
| 16 Oct | 461,300 | 461,650 | 461,100 |
| 15 Oct | 452,300 | 452,650 | 452,100 |
| 14 Oct | 441,800 | 442,150 | 441,600 |
| 13 Oct | 442,600 | 442,950 | 442,400 |
| 10 Oct | 428,700 | 429,050 | 428,500 |
| 07 Oct | 421,800 | 422,150 | 421,600 |
| 04 Oct | 409,500 | 409,850 | 409,300 |
Between 4 October and 20 October, gold prices jumped nearly Rs. 41,000 per tola, reflecting intense speculative buying and exchange-rate volatility.
💹 Global Market Performance
Globally, gold, silver, and platinum have all recorded steady gains. Analysts expect this strength to continue as long as inflation and geopolitical risks persist.
- Gold (XAU/USD): $4,249.97
- Silver (XAG/USD): $51.91
- Platinum (XPT/USD): $1,615.98
- Palladium (XPD/USD): $1,485.98
The international market remains the main driver of local rates, with Pakistan’s import-dependent economy responding almost instantly to global bullion moves.
Check Also: Gold Rate in Pakistan History (1947–2025): 24K Gold Price Trends & Investment Insights
🌐 Regional Comparison – Gold Prices by Country
| Region/Country | Spot Gold (USD/oz) | Local 24K Equivalent |
|---|---|---|
| Pakistan | — | Rs. 450,490 |
| Dubai (UAE) | $2,452 | Rs. 445,000 |
| India | $2,446 | Rs. 462,000 |
| London (UK) | $2,450 | ~Rs. 575,000 |
Dubai remains slightly cheaper due to minimal taxes, making it a top buying destination for Pakistanis traveling abroad. In contrast, London and Indian markets trade higher due to value-added taxes and import duties.
💼 Impact on Households and Investors
For Households:
Rising gold prices have increased wedding costs and discouraged bulk jewellery purchases among middle-income families. Many buyers are opting for lighter sets or postponing purchases.
For Investors:
Investors are viewing gold as a safe hedge amid inflation. Many are now exploring digital gold accounts, bank-linked savings, and ETFs, which offer the same exposure without the burden of physical storage.
For Jewellers:
Retailers report mixed sentiment — while footfall remains strong due to seasonal weddings, margins are tighter because of fluctuating import costs and buyer resistance at higher price levels.
🔮 Expert Opinions
“Pakistan’s gold market has become extremely sensitive to rupee volatility. As long as inflation stays above 20% and the currency remains unstable, gold will continue to outperform other investment classes.”
— Dr. Asad Rizvi, Economist, Karachi Gold Council
“Investors should treat gold as a long-term store of value, not a quick-profit asset. The fundamentals still point to strength heading into 2026.”
— Amina Rauf, Senior Analyst, Bullion Desk Lahore
Read More: Record Gold Rate Increase in 24 Hours 2025
Forecast – What to Expect Next?
Economic projections suggest that gold will stay bullish through 2025 and early 2026, supported by a weak PKR and resilient global demand.
- Short-term range: Rs. 440,000 – Rs. 470,000 per tola
- Medium-term target (Q1 2026): Rs. 500,000 per tola
- Risks: stronger USD, central-bank rate hikes, or easing global tensions
If inflation and rupee weakness persist, Pakistan could witness another record-high rate above Rs. 480,000 per tola by the year’s end.
Buyer Tips for 2025
- Check Updated Rates Daily – Gold prices can change several times per day.
- Buy from Reputed Jewellers – Always verify with Sarafa-registered vendors.
- Prefer Hallmarked Jewellery – Ensures purity verification (22K or 24K).
- Avoid Panic Buying – Split purchases over time to manage price fluctuations.
- Keep Receipts & Certificates – Crucial for resale and valuation.
- Consider Digital Options – Banks and fintechs now offer fractional gold investments.
- Track USD/PKR Exchange Rate – Every rupee shift impacts your gold’s value.
📲 How to Stay Updated on Gold Prices
To monitor daily gold price fluctuations, visit 👉 pave.com.pk/gold-rates
for real-time updates, charts, and comparison tools. You can also subscribe to notifications for daily rates via email or WhatsApp.
Frequently Asked Questions (FAQs) about Pakistan Gold Price Today 20 October 2025:
1. What is the gold price in Pakistan today (20 October 2025)?
The 24-karat gold rate is Rs. 450,490 per tola and Rs. 386,633 per 10 grams.
2. Why are gold prices rising?
Due to rupee depreciation, high global demand, and strong bullion prices in USD.
3. Is gold a good investment now?
Yes. With inflation and currency pressure persisting, gold remains a strong long-term hedge.
4. Which city has the lowest gold rate in Pakistan?
Karachi generally offers the lowest rates due to being the trading hub.
5. Will gold prices fall soon?
Analysts expect stability above Rs. 440,000 per tola through December, with limited downside risk.
6. Can I buy gold online in Pakistan?
Yes. Several banks and fintech platforms now provide secure digital gold certificates.
7. What is the price of 22K gold today?
Around Rs. 412,949 per tola, depending on city and retailer.
8. How does the dollar rate affect gold prices?
Gold is imported in USD; a stronger dollar pushes up PKR-denominated prices.
9. What’s better: jewellery or bars for investment?
Bars and coins are preferable since they carry lower making charges.
10. What is the forecast for 2026?
Experts project an average of Rs. 500,000–520,000 per tola by mid-2026 if current trends continue.
