Gold Price in Pakistan Increase Massively Again: New Update

Gold Price in Pakistan: The gold market in Pakistan has witnessed a remarkable surge as of Monday, 10 November 2025, following global trends and domestic economic factors. Gold, a centuries-old safe-haven investment, is once again commanding attention from investors, consumers, and jewellery buyers alike. The current spike is one of the largest in recent months, fueled by currency depreciation, inflation, international bullion price movements, and cultural demand for gold in Pakistan.

This article provides a complete, in-depth analysis of the current gold price in Pakistan, underlying factors driving the surge, implications for consumers and investors, historical trends, and a comprehensive outlook for Pakistan’s gold market.

Current Gold Price in Pakistan – 10 November 2025

As of Monday, 10 November 2025, gold price in Pakistan have reached record highs, reflecting a strong upward trend across all purities:

Purity	Unit	Rate (PKR)
24K	1 Tola	430,500
24K	10 Gram	369,090
24K	1 Gram	37,049
22K	1 Tola	394,733
21K	1 Tola	373,150

The 24K gold per tola surged by PKR 8,000 in a single day, signaling strong momentum in the local market. Smaller units, such as 10 grams and 1 gram, have also seen notable increases, making gold purchases more expensive for everyday buyers and investors alike.

These rates are based on verified, live market data and reflect trends from major trading cities such as Karachi, Lahore, and Islamabad. The 10-day performance graph shows a consistent upward trajectory, emphasizing the persistent bullish trend in Pakistan’s gold market.

Factors Driving the Gold Price Increase

The increase in gold price in Pakistan is not an isolated phenomenon. It is influenced by multiple interlinked global and domestic factors:

1. International Market Dynamics

Globally, gold is highly sensitive to macroeconomic developments, geopolitical tensions, and monetary policy decisions. Currently:

The US dollar has weakened, making gold cheaper in dollar terms but more expensive in local currency once converted to PKR.
International gold rates are on the rise, with spot prices surpassing $4,050 per ounce, reflecting investor demand amid global economic uncertainty.
Expectations of a Federal Reserve interest rate cut in December have spurred safe-haven buying, pushing international gold prices higher.

These global cues directly impact Pakistan’s local gold prices, as gold imports are priced in US dollars.

2. Currency Depreciation in Pakistan

The Pakistani rupee (PKR) depreciation is a key driver of the local gold price surge:

When PKR loses value against the USD, the cost of imported gold rises, creating upward pressure on domestic rates.
Inflation in Pakistan compounds this effect, as higher costs are passed on to buyers and investors.
Analysts note that every 1% decline in PKR value typically leads to a proportional increase in gold prices per tola.

3. Rising Domestic Demand

Gold in Pakistan is both an investment and a cultural asset:

Festivals, weddings, and traditional occasions generate high demand for jewellery, especially 22K and 24K gold.
Investors, seeking protection from stock market volatility and inflation, increasingly prefer gold as a reliable store of value.
Jewellery and bullion dealers report heightened buying activity, further fueling the price surge.

4. Import Costs and Market Structure

Local factors also play a significant role:

Import duties, taxes, and dealer premiums add layers of cost to gold purchases.
Transport, storage, and transaction costs contribute to price variations across cities.
These domestic market mechanics amplify the impact of global price movements.

Detailed Gold Price in Pakistan – Purity, Units, and City Variation

1. Gold Purity Rates

Gold prices in Pakistan vary according to purity levels, primarily 24K, 22K, and 21K:

24K Gold: The purest form, currently PKR 430,500 per tola, widely used for investment and high-end jewellery.
22K Gold: Popular for traditional jewellery, priced at PKR 394,733 per tola, slightly more affordable yet still high in value.
21K Gold: Available at PKR 373,150 per tola, suitable for budget-conscious jewellery buyers.

2. Weight Units

Gold in Pakistan is measured in:

1 Tola ≈ 11.6638 grams (traditional unit widely used in Pakistan).
10 grams and 1 gram options, making it easier for smaller investors or jewellery buyers to purchase gold in manageable quantities.

Current 24K gold units:

1 Tola: PKR 430,500
10 grams: PKR 369,090
1 gram: PKR 37,049

3. City/Regional Variation

Gold prices are generally uniform across major cities:

Karachi, Lahore, Islamabad: Similar rates with minor fluctuations due to local demand and dealer premiums.
Smaller towns may see slightly higher rates due to logistics and transportation costs.

Historical Gold Price Trends in Pakistan

1. Short-Term Performance

The last 30 days show a steady upward trend:

24K gold per gram increased from PKR 34,000–35,000 to over PKR 37,000.
22K and 21K gold similarly saw double-digit percentage gains.

2. Long-Term Performance

Over a 12-month period, gold prices have seen substantial appreciation:

24K gold per tola has risen by over 50%, reflecting persistent currency depreciation and inflationary pressures.
Historical data underscores that gold remains one of the most resilient investment assets in Pakistan.

Impact on Consumers and Investors

1. Jewellery Buyers

Rising gold prices affect consumers in several ways:

Higher purchase costs: Weddings, festivals, and cultural occasions now come with heavier financial burdens.
Deferred purchases: Many buyers may postpone purchases or opt for smaller, less pure pieces.
Increased making charges: Labour and design costs rise along with gold, raising the overall expenditure.

2. Investors

For investors, the surge presents both opportunity and risk:

Gains for holders of physical gold, but short-term volatility remains.
Must consider premium paid at purchase vs resale value.
Strategic decisions involve timing, quantity, and storage considerations.

3. Economic Implications

The gold price increase reflects wider economic stress, including currency depreciation and inflationary trends.
Heavy gold imports can strain the balance of payments.
Rising prices may reduce jewellery consumption, impacting local businesses and employment in the sector.

Gold Price in Pakistan (Outlook)

1. Possible Scenarios

Continued Uptrend: Currency pressure, inflation, and global demand could push prices higher.
Consolidation or Pull-Back: Stabilization of PKR or reduced demand may temper the surge.
Volatility: Prices may fluctuate due to global or local economic shocks.

2. Key Influencing Factors

Exchange rate of PKR against the USD.
Global interest rate decisions and monetary policy.
Domestic jewellery demand during festivals and weddings.
Government import duty or taxation changes.
Geopolitical events affecting global gold markets.

3. Strategic Recommendations

Consumers: Consider timing, quantity, and purity before purchase.
Investors: Use gold as part of a diversified portfolio, not as a sole hedge.
Jewellers: Manage inventory carefully to avoid overexposure at peak prices.

Frequently Asked Questions (FAQs)

Q1: Is now a good time to buy gold in Pakistan?

It depends on purpose: long-term holding may justify purchase, while short-term trading carries risk of pullbacks.

Q2: Will gold prices continue to rise?

Gold does not rise in a straight line. While current drivers are strong, market conditions can shift.

Q3: How does the PKR exchange rate affect gold prices?

Significantly. Since gold is imported in USD, a weaker PKR increases local rupee cost.

Q4: Should I only buy 24K gold?

Not necessarily. 22K and 21K gold are widely accepted and more affordable. Choice depends on investment vs jewellery use.

Also read: The 10 Strongest Currencies in the World

Conclusion: Gold Remains Pakistan’s Safe-Haven Asset

The massive surge in gold prices in Pakistan as of 10 November 2025 demonstrates the ongoing demand for this precious metal, both as an investment and cultural asset. With 24K gold at PKR 430,500 per tola, investors, consumers, and jewellers must carefully consider timing, purity, and market conditions.

Gold remains a resilient store of value amid currency fluctuations, inflation, and global economic uncertainty. Staying informed, monitoring market trends, and making strategic decisions are essential for anyone engaging with the Pakistani gold market today.

Disclaimer

Gold prices and market information provided here are for informational purposes only. Prices fluctuate frequently, and readers should verify rates with authorized dealers before making any purchase or investment decisions.

Also read: Petrol Price in Pakistan: Latest Updates and Future Outlook

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