Gold prices in Pakistan witnessed a staggering surge between January and September 2025. According to the All-Pakistan Gems and Jewellers Association, the price of gold rose by Rs. 134,000 per tola during the nine-month period.
At the end of December 2024, gold was trading at Rs. 272,600 per tola, but by the close of September 2025, it had climbed to Rs. 406,778 per tola.
Similarly, the price of 10 grams of gold jumped by Rs. 115,035, increasing from Rs. 233,711 at the beginning of the year to Rs. 348,746 by the end of September.
Read More: Gold Price in Pakistan Crosses Rs. 405,000 Per Tola as Rate Increases Again
On the international front, gold prices also recorded a sharp rise, with the price per ounce surging by $1,241 during the same period.
Analysts note that persistent global economic uncertainty, U.S. interest rate policies, and strong safe-haven demand have contributed to the upward trajectory of international gold markets, which in turn has amplified the price hike in Pakistan.
