Gold prices in Pakistan Today - October 16, 2025 | The Express Tribune
Key Takeaways
- Gold prices reached historic highs in both international and domestic markets on Thursday.
- The international price of gold rose by $19 per ounce, reaching a new record of $4,217 per ounce.
- In Pakistan, the price of one tola of gold increased by Rs1,900 to Rs442,800.
- This surge follows an even sharper increase on Wednesday, where international prices hit $4,198 per ounce.
- A historical note mentions a 1 percent withholding tax imposed on commercial gold imports in Pakistan during 2006-07.
Gold prices surged again on Thursday, reaching historic highs in both international and domestic markets, driven by a significant global increase. In the international bullion market, the price of gold rose by $19 per ounce, setting a new record of $4,217 per ounce. Consequently, gold prices in Pakistan also hit an all-time high, with one tola jumping by Rs1,900 to Rs442,800, and 10 grams increasing by Rs1,629 to Rs379,629. This trend follows a sharp surge on Wednesday, where international prices reached $4,198 per ounce, leading domestic 24-karat gold per tola to hit a record of Rs440,900. The article also briefly mentions a historical context of a 1 percent withholding tax imposed on commercial gold imports in 2006-07. Local jewellers confirmed the significant domestic price hikes in response to the global spike.
