Gold prices in Pakistan hit a record high on Monday, September 1, 2025, following a surge in international markets. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola rose by Rs3,300 to Rs370,700 from Rs367,400 a day earlier. Similarly, 10 grams of 24-karat gold increased by Rs2,829 to Rs317,815, while 10 grams of 22-karat gold climbed by Rs2,594 to Rs291,341.
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Silver prices also saw an increase, with the rate per tola rising by Rs101 to Rs4,303 and 10 grams reaching Rs3,689, up by Rs87. Globally, gold prices jumped by $33 per ounce to $3,480, and silver gained $1.01 to $40.70 per ounce.
Market analysts attribute the rise in domestic prices to higher international bullion rates and local economic pressures. Investors are increasingly turning to gold as a safe-haven asset amid economic uncertainty.
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The record-breaking surge has raised concerns for buyers, especially those planning weddings and other major events, as the cost of gold jewellery continues to rise. Meanwhile, gold traders and investors see the increase as an opportunity for potential long-term gains.
