Gold prices in Pakistan soared to an all-time high on Monday, September 1, 2025, driven by a substantial increase in the international market. According to the All Pakistan Sarafa Gems and Jewellers Association, the value of gold climbed sharply, setting a new record in the country’s bullion market.
Gold Price Surge: A New Milestone
The price of 24-karat gold per tola jumped by Rs3,300, reaching Rs370,700, compared to Rs367,400 the day before. Similarly, the price of 10 grams of 24-karat gold rose by Rs2,829, now priced at Rs317,815, up from the previous rate of Rs314,986. In addition, the price of 10 grams of 22-karat gold increased by Rs2,594, reaching Rs291,341, compared to Rs288,747 previously.
Silver Prices on the Rise
Silver prices also saw an upward trend. The rate per tola increased by Rs101, standing at Rs4,303. The price of 10 grams of silver rose by Rs87, now priced at Rs3,689.
Global Impact on Gold Prices
Globally, the price of gold experienced a notable increase, rising by $33, moving from $3,447 to $3,480 per ounce. Similarly, international silver prices gained $1.01, reaching $40.70 per ounce from the previous $39.69.
Factors Behind the Surge
Market analysts attribute this record-breaking rise in domestic gold prices to a combination of factors. The steady increase in international bullion rates, coupled with local economic pressures, has contributed to the sharp rise. This surge reflects the global demand for precious metals as investors flock to safe-haven assets amidst ongoing economic uncertainties.
Impact on Local Buyers and Investors
The historic jump in gold prices has raised concerns among buyers in Pakistan, especially those preparing for weddings and other major life events, as the cost of gold jewellery continues to climb. However, gold traders and investors view this price hike as a positive development for long-term returns, seeing it as a lucrative opportunity in the precious metals market.
