Gold Tola Price Hits Record High in Pakistan at Rs409,213 Amid Global Market Surge
Karachi | 19 October 2025 — Gold prices in Pakistan soared to an unprecedented high on Saturday, with the price of one tola reaching Rs409,213, as global bullion rates climbed sharply and the rupee continued to weaken.
According to the latest data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold registered a dramatic increase, setting a new all-time record in the country’s gold market.
Reason Behind the Surge
The surge is largely attributed to:
Rising international gold prices,
A depreciating Pakistani rupee,
Increased investor demand for safe-haven assets,
Persistent global economic uncertainty.
International bullion rates climbed to multi-month highs, pushing domestic prices upward. Analysts say the current global economic climate is fueling investors’ shift toward gold as a secure investment.
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Domestic Market Reaction
Bullion traders across Karachi, Lahore, Islamabad, and other major cities reported high volatility and heavy buying activity as customers rushed to secure gold amid fears of further price escalation.
The price of 10 grams of 24-karat gold also surged significantly, while 22-karat gold followed a similar upward trend.
“This unprecedented surge reflects the direct impact of global bullion markets and the currency depreciation,” an APSGJA spokesperson said. “We anticipate further fluctuations in the coming days.”
Global Market Context
Gold prices have been rising steadily worldwide due to geopolitical tensions, expectations of interest rate adjustments, and concerns over economic slowdowns.
With gold considered a safe-haven asset, international demand has intensified, pushing prices to new highs globally.
Economic Implications for Pakistan
Higher gold prices may increase financial pressure on the local jewellery sector, particularly ahead of the wedding season.
Demand among ordinary consumers is expected to decline, while investment activity may accelerate.
Experts warn this surge could widen Pakistan’s trade deficit due to higher import costs.
