Gold prices in Pakistan recorded a sharp increase, ending the business week on a strong upward trend.
The rise reflects growing demand and international market momentum for the precious metal.
According to data released by the All Pakistan Gems and Jewellers Association, gold prices surged significantly.
The price of one tola of gold increased by Rs3,700, reaching a new level of Rs473,262.
Similarly, the price of 10 grams of gold also witnessed a notable jump during the trading session.
It rose by Rs3,172, bringing the updated price to Rs405,745 in local markets.
Internationally, gold prices also climbed as investor interest strengthened amid global economic uncertainty.
The price of gold increased by $37 per ounce, reaching $4,509 in the international market.
Industry sources say strong domestic demand continues to support rising gold prices in Pakistan.
Annual gold demand ranges between 60 and 90 tons, valued at nearly $8 to $12 billion.
Despite high demand, more than 90 percent of Pakistan’s gold trade remains undocumented.
A Competition Commission of Pakistan report states 70 percent of gold demand comes from weddings.
Pakistan relies heavily on imports, bringing in gold worth $17 million during fiscal year 2024.
By the end of 2025, official gold reserves stood at 64.76 tons, valued near $9 billion.
Also read: Gold Rates in Pakistan Today
