Gold prices in Pakistan soared on Friday, marking one of the biggest single-day gains in weeks. According to data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola increased by Rs. 5,300, reaching Rs. 424,162.
Similarly, the price of 10 grams of gold rose by Rs. 4,544, settling at Rs. 363,650.
📊 Thursday’s Rates and Market Recovery
A day earlier, gold had closed at Rs. 418,862 per tola after a Rs. 1,000 drop during trading hours. Friday’s sharp rebound erased those losses, reflecting renewed buying interest and rising international prices.
🌍 Global Market Trends
On the global front, gold prices also trended higher, with rates recorded at $4,018 per ounce (including a $20 premium) — up $53 for the day, according to APGJSA.
However, the international bullion market later saw a slight dip as the US dollar strengthened, pushing spot gold down by 0.5% to $4,004 per ounce. Meanwhile, US gold futures for December delivery held steady at $4,016.70 per ounce.
Despite the short-term decline, global bullion remains on track for its third consecutive monthly gain, up nearly 3.9% so far this month.
🪙 Silver Prices Also Rise
In the local market, silver prices jumped as well — climbing Rs. 158 per tola to reach Rs. 5,192.
📉 Factors Behind the Surge
Analysts attribute the surge in gold prices to a combination of:
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The volatile US dollar index
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Safe-haven buying amid geopolitical uncertainties
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Weaker rupee and global inflation pressures
With investors moving away from equities toward precious metals, the trend may continue if global interest rates stabilize.
🔍 Key Highlights
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📅 Date: Friday, October 29, 2025
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💸 Gold Price Per Tola: Rs. 424,162 (+Rs. 5,300)
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⚖️ Gold Price Per 10 Grams: Rs. 363,650 (+Rs. 4,544)
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🪙 Silver Price Per Tola: Rs. 5,192 (+Rs. 158)
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🌐 Global Gold Price: $4,018 per ounce (+$53)
🧾 Summary
Gold prices in Pakistan surged sharply, driven by international gains and rupee depreciation. With the wedding season approaching and global prices showing resilience, experts expect further short-term volatility in the local bullion market.
