Gold Prices Skyrocket in Pakistan
Business Desk
October 16, 2025 at 10:38 AM
Surprise (70%)
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Key Takeaways
- Pakistani gold prices reached a new record high on Thursday.
- The price of gold per tola increased by Rs. 1,900 to Rs. 442,800.
- The surge followed a significant drop in gold prices recorded on Wednesday.
- Global gold rates also increased, reaching $4,217 per ounce.
- Silver prices in Pakistan remained unchanged at Rs. 5,337 per tola.
Gold prices in Pakistan reached an unprecedented record high on Thursday, propelled by a fresh rally in global bullion rates. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that the price per tola rose by Rs. 1,900, settling at Rs. 442,800 in the local market. This increase contrasts sharply with a substantial drop experienced on Wednesday, when the price fell by Rs. 4,578. Internationally, gold also saw gains, with the global rate climbing to $4,217 per ounce, including a $20 premium. Despite the volatility in gold, the price of silver per tola remained stagnant at Rs. 5,337 throughout the day. The movement indicates continued fluctuation in precious metal markets both locally and globally.
