Gold rate crosses Rs435,000 per tola mark in Pakistan

KARACHI: Gold prices in Pakistan soared to another record high on Tuesday, tracking a strong rally in the international market that pushed global prices above $4,100 per ounce for the first time.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola jumped by Rs6,900 to reach Rs435,100, marking a fresh all-time high. The 10-gramme gold rate also climbed by Rs5,916 to settle at Rs373,028.

On Monday, gold had already hit a record of Rs428,200 per tola after gaining Rs5,500 during the day. Tuesday’s sharp rise added further strength to the ongoing rally, reflecting global trends and growing investor interest in the safe-haven asset.

In the international market, spot gold was up 2.1 percent to $4,099.55 per ounce as of 10:50 a.m. ET (1450 GMT), after touching a new peak of $4,103.58. US gold futures for December delivery advanced 3 percent to $4,120.10.

Renewed US-China trade tensions and rising expectations of interest rate cuts by the US Federal Reserve have boosted demand for gold. Meanwhile, silver prices in Pakistan remained unchanged at Rs5,247 per tola.

Gold price trend in October

Gold prices in Pakistan have been on a record-breaking streak since the start of October 2025, with nearly daily fluctuations pushing rates to new highs. Below is a summary of how gold prices have moved so far this month:

Date	Gold price per tola (Rs)	Increase or Decrease
October 1	410,278	+3,500
October 2	407,778	-2,500
October 3	407,778	Unchanged
October 4	409,878	+2,100
October 5	409,878	Sunday/Unchanged
October 6	415,278	+5,400
October 7	416,778	+1,500
October 8	425,178	+8,400
October 9	425,178	Unchanged
October 10	420,600	-4,578
October 11	422,700	+2,100
October 12	422,700	Sunday/Unchanged
October 13	428,200	+5,500
October 14	435,100	+6,900

Rising safe-haven appeal

Analysts say persistent global uncertainty, including trade disputes and slowing economic growth, has driven investors toward gold as a dependable store of value. The precious metal’s rally this month has made it one of the strongest-performing assets of 2025 so far.

Read next: PKR gains 11 paisa against US dollar in intraday trade

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