Gold prices in Pakistan continued their upward trend on Wednesday as the precious metal climbed to a new all-time high in the local and global markets.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola rose by a massive Rs5,800, reaching Rs440,900 in the local market.
Also Read: Gold price in Pakistan hits record high - Oct 14, 2025
The rate for 10 grams of 24-karat gold stood at Rs378,000, reflecting an increase of Rs4,972, while 10 grams of 22-karat gold climbed to Rs346,512, showing a gain of Rs4,558.
Global gold prices on rise
In the international market, gold prices increased by $58, reaching $4,198 per ounce. The rise in global prices is attributed to renewed investor interest amid economic uncertainty and currency fluctuations.
Also Read: Gold surges above $4,100 to record high amid Fed rate cut hopes
Market analysts said the appreciation of the US dollar and shifting interest rate expectations have pushed investors towards safe-haven assets like gold.
Silver prices also see uptick
Silver prices also saw an uptick. The rate of 24-karat silver per tola increased by Rs90 to reach Rs5,337, while 10 grams of silver were also being sold for Rs4,575.
