Gold Prices Hit Record High in Pakistan as Rates Jump by Rs7400 Per Tola

Gold prices in Pakistan surged sharply on Monday, mirroring gains in the international bullion market as global investors shifted toward safe-haven assets amid fears of a global economic slowdown and possible interest rate cuts by the U.S. Federal Reserve next month. According to the All Pakistan Sarafa Association, the price of 24-karat gold rose by Rs7,400 per tola, reaching a record high of Rs429,862, while the rate for 10 grams of 24K gold increased by Rs6,337, bringing it to Rs368,530.

Latest Gold Prices in Pakistan – November 10, 2025

Gold Type	Price (PKR)
24K Per Tola	Rs 429,862
24K Per 10 Grams	Rs 368,530
22K Per Tola	Rs 393,037
22K Per 10 Grams	Rs 337,819

This marks one of the steepest daily increases seen this year as global economic pressures continue to drive demand for precious metals.

International Gold Market Overview

In the global bullion market, spot gold jumped by 1.8%, hitting $4,070.99 per ounce — the highest level since late October. Similarly, U.S. December gold futures climbed to $4,079.70 per ounce. Analysts attribute this rally to mounting expectations that the Federal Reserve may cut interest rates in December, alongside growing concerns over a global economic slowdown and persistent geopolitical uncertainty. As the dollar weakens and inflation remains elevated, experts predict that gold prices will likely stay strong through the end of the year.

Silver Prices Also Rise in Pakistan

Silver followed gold’s upward trajectory, recording solid gains across the country. The price of 24K silver increased by Rs115 per tola, settling at Rs5,209, while 10 grams of silver rose to Rs4,467.

Metal Type	Per Tola (PKR)	Per 10 Grams (PKR)
Silver (24K)	Rs 5,209	Rs 4,467

Impact on Local Investors and Markets

Local traders expect the domestic gold market to remain volatile in the coming weeks as inflation and currency fluctuations continue to affect consumer purchasing power. With uncertainty clouding global and regional markets, investors are increasingly turning to gold as a safe and inflation-proof asset.
However, financial experts urge small investors to remain cautious and follow daily verified rates from the All Pakistan Sarafa Association before buying or selling gold.

Pakistan Stock Exchange (PSX) Starts the Week Strong

Interestingly, while gold prices surged, the Pakistan Stock Exchange (PSX) also began the week on a positive note. The KSE-100 index rose by 1,699.58 points, closing at 161,292.48 points, reflecting a 1.06% increase from the previous session. This simultaneous growth in both equities and gold suggests that investors are diversifying their portfolios, balancing between riskier assets and safe-haven investments.

Why Are Gold Prices Rising?

Several global and domestic factors are fueling the sharp rise in gold prices:

Global Economic Slowdown – Weak growth data from major economies is prompting investors to seek safety in gold.
Federal Reserve Rate Cut Expectations – A potential U.S. interest rate cut in December is pushing gold prices upward.
Rupee Depreciation – The weakening of the Pakistani rupee against the dollar continues to lift local gold prices.
Inflation Hedge – Investors prefer gold as a shield against inflation and uncertain currency conditions.

Forecast: What’s Next for Gold Prices?

Market analysts forecast that gold prices in Pakistan may stay above Rs425,000 per tola throughout November 2025. If the U.S. Federal Reserve confirms another rate cut, international gold rates could hit new records.
However, local trends will also depend on:

PKR-USD exchange rate
Crude oil prices in the global market
Economic policies set in Pakistan’s next fiscal update
💬 “Gold remains the safest asset during uncertain times,” said a Lahore-based bullion dealer. “But investors should monitor daily rate changes to make informed decisions.”

Final Takeaway

The Rs7,400 spike per tola marks one of the biggest one-day gold price surges in Pakistan for 2025. As both local and international markets maintain a bullish stance, gold continues to attract long-term investors and safe-haven buyers seeking financial stability.
Before purchasing, buyers are advised to compare rates across major cities like Karachi, Lahore, Islamabad, and Peshawar and verify them through trusted Sarafa associations or financial news outlets.