Gold price in Pakistan October 2025 Old Price in Pakistan Reaches Record High in October 2025
The gold price in Pakistan surged to an all-time high in October 2025, reflecting both domestic and global economic uncertainties. On October 15, 2025, the precious metal reached a historic peak, breaking all previous records and highlighting gold’s continued role as a safe-haven investment during times of financial instability.
According to data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola increased by a massive Rs 6,900, rising from Rs 428,200 to Rs 435,100. Similarly, the price of 10 grams of 24-karat gold jumped by Rs 5,916, reaching Rs 373,028 from Rs 367,112 the previous day.
On the international market, gold prices also climbed sharply, gaining $69 per ounce to settle at $4,140, compared to $4,071 a day earlier. Analysts attribute this rise to persistent inflation, geopolitical tensions, and growing fears of a global economic slowdown.
Why Gold Prices Are Rising Globally
Gold prices have always been influenced by several factors, including inflation, interest rates, and currency fluctuations. When inflation rises or financial markets become unstable, investors often turn to gold as a safe-haven asset, leading to higher demand and prices.
In 2025, global gold demand spiked due to:
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Rising geopolitical tensions in Eastern Europe and the Middle East
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Depreciation of major currencies, especially against the US dollar
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Falling bond yields, which make gold more attractive as a non-interest-bearing asset
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Central bank purchases, particularly from Asian and Middle-Eastern nations
As a result, gold’s value has continued to climb steadily throughout the year, establishing new records across international exchanges.
Gold price in Pakistan October 2025 Gold as a Safe-Haven Investment
Gold has long been regarded as one of the world’s most reliable stores of value. During times of crisis, investors shift their portfolios toward assets that are not directly tied to stock markets or currency performance. Gold provides exactly that — stability, liquidity, and long-term protection against inflation.
Financial experts note that gold performs well during economic uncertainty because it retains intrinsic value, unlike paper currencies that can depreciate due to government monetary policies or global market disruptions.
In recent years, the rise of digital investment platforms has also expanded access to gold trading. Mobile apps, gold-backed Exchange-Traded Funds (ETFs), and fintech-driven investment tools have made it easier for individuals — especially in Asia, the Gulf region, and Africa — to invest in gold with just a few clicks. This democratization of gold investing has significantly increased global demand.
Gold Price Trends in Pakistan
In Pakistan, gold serves both cultural and economic purposes. It is widely used in jewellery and wedding ceremonies, but it also acts as a trusted hedge against inflation. With the Pakistani rupee continuing to depreciate against the US dollar and inflation hovering at double digits, the local population increasingly turns to gold as a means of wealth preservation.
Economic analysts explain that Pakistan’s gold prices are directly tied to both global market trends and exchange rate movements. Since gold is traded internationally in US dollars, any fluctuation in the local currency automatically impacts domestic rates.
In recent months, the weakening rupee, rising import costs, and elevated global gold demand have all combined to push local gold prices to unprecedented levels. The APSGJA reports that retail demand for gold jewellery has slowed slightly due to high prices, but investment demand remains strong as citizens seek protection from ongoing financial uncertainty.
Gold price in Pakistan October 2025 Factors Affecting Gold Prices in Pakistan
Several factors are contributing to the ongoing rise in Pakistan’s gold rates:
1. Inflation and Currency Depreciation
Pakistan’s high inflation rate continues to erode purchasing power. As the rupee loses value, gold becomes a natural safeguard for savings.
2. Global Economic Volatility
With wars, trade disputes, and rising energy costs affecting world markets, investors are seeking assets that can retain value even during global crises.
3. Supply Chain and Import Costs
Pakistan imports most of its gold. Any increase in global shipping costs or customs duties immediately raises local prices.
4. Investor Confidence and Market Speculation
As uncertainty spreads across financial markets, investors often speculate on gold, pushing prices higher.
Public Reaction and Market Outlook
The continuous rise in gold prices has created mixed reactions among the public. While investors welcome the gains, jewellery buyers and small traders are feeling the pressure. Wedding season demand — traditionally a key driver for gold sales — has declined due to affordability issues.
However, gold traders in Karachi, Lahore, and Islamabad remain optimistic. Many predict that if the rupee continues to weaken and global inflation persists, gold could reach Rs 450,000 per tola before the end of the year.
Economists, on the other hand, warn that such high prices could have a negative impact on domestic consumption, pushing consumers toward artificial or silver jewellery. Nonetheless, for long-term investors, the trend remains favorable, as global uncertainty continues to support gold prices.
Gold price in Pakistan October 2025 Expert Opinions on Future Gold Prices
Market experts believe that the outlook for gold in late 2025 and early 2026 remains bullish. If central banks continue buying gold to diversify their reserves, and inflation stays above target levels, the metal could continue breaking new records.
According to a recent report by Bloomberg, institutional investors are also expanding their holdings in gold ETFs, expecting a prolonged period of global financial instability. Pakistan’s local gold traders share similar views, suggesting that the next few months may bring more price hikes unless the rupee stabilizes and import restrictions ease.
Gold price in Pakistan October 2025 Conclusion
The gold price in Pakistan reaching Rs 435,100 per tola in October 2025 represents more than just a market milestone — it reflects the ongoing struggle of economies dealing with inflation, currency depreciation, and political uncertainty.
As gold continues to outperform other investment options, Pakistani citizens are once again reminded of the precious metal’s timeless appeal and its enduring ability to preserve wealth.
While short-term fluctuations may occur, experts agree that gold will remain a pillar of financial security for both individual investors and global markets alike.
