Gold prices in Pakistan soared by Rs3,600 per tola on Saturday, setting a new all-time high. The price reached Rs367,400 per tola, marking a significant increase from the previous high of Rs363,700 recorded on April 22, 2025. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was also sold at Rs314,986, reflecting a rise of Rs3,172.
Abdullah Chand, a representative from APGJSA, confirmed that this surge represents the highest price ever seen in the country’s gold market. On Friday, gold had already gained Rs1,200, bringing the price to Rs363,800 per tola. The international market mirrored this trend, with gold prices climbing to $3,447 per ounce, a rise of $36 from the previous day.
The rapid rise in gold prices comes amid broader trends in the global commodities market. The value of silver also saw a notable increase, gaining Rs81 per tola to reach Rs4,202. This sharp uptick in gold and silver prices reflects the continuing volatility in both the international and local markets.
The price surge has put significant pressure on gold buyers and investors in Pakistan. Many have turned to gold as a safe-haven investment due to economic uncertainties. With the rising cost of living and inflation, precious metals like gold and silver continue to attract investors looking to protect their wealth.