Gold Prices In Pakistan Surge To Record High On October 16, 2025

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Gold Prices In Pakistan Surge To Record High On October 16, 2025

Gold prices in Pakistan surged to a new record high on Thursday, continuing their recent upward trend in both local and international markets. The rise reflects growing investor demand amid global economic uncertainty and fluctuations in currency values.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola jumped by Rs1,900, reaching an all-time high of Rs442,800 in the local market. Similarly, the price of 10 grams of 24-karat gold rose by Rs1,629 to Rs379,629. For 22-karat gold, the rate increased to Rs348,005, marking a gain of Rs1,493.

Market experts noted that the upward movement in gold prices is driven by global trends and local currency depreciation. The consistent rise in demand for gold as a safe-haven asset has also contributed to the increase, especially as investors seek protection from inflation and market volatility.

In the international market, gold prices climbed by $19, reaching $4,217 per ounce. Analysts attributed this surge to renewed investor interest amid shifting interest rate expectations and uncertainty surrounding major global economies. A stronger US dollar and speculation about potential policy changes have further boosted gold’s appeal.

While gold continues to gain value, silver prices remained stable in the domestic market. The rate of 24-karat silver per tola held steady at Rs5,337, while 10 grams of silver were priced at Rs4,575.

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Financial analysts believe the current momentum in gold prices could persist if global economic pressures continue. They suggest that both local and international investors are likely to maintain interest in gold as a long-term hedge against financial instability.

With prices at record highs, gold remains one of the most attractive investment options in Pakistan’s precious metals market.

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