Gold and silver prices in Pakistan have continued their steady climb, mirroring the global surge in precious metals. This increase has captured attention across the country, from investors to everyday buyers. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), on Tuesday, October 14, 2025, 24-karat gold reached a record level in the domestic market, marking a significant milestone in the nation’s economic landscape.
Latest Gold and Silver Rates
The latest figures from APGJSA show:
| Commodity | Purity | Unit | Latest Price (PKR) |
|---|---|---|---|
| Gold | 24K | Per Tola | 442,600 |
| Gold | 24K | Per 10 Grams | 379,460 |
| Gold | 22K | Per Tola | 405,715 |
| Silver | — | Per Tola | 5,247 |
Global Market Influence
One of the biggest factors behind this price rise is the international rally in precious metals. Across the world, inflation worries, conflicts, and global uncertainty have led investors toward safer assets like gold and silver. As a result, international prices have surged, directly impacting Pakistan’s domestic market, where bullion rates are closely tied to global trends and fluctuations in foreign exchange.
Impact of Rupee Depreciation
Another major contributor to the rising prices is the depreciation of the Pakistani Rupee. Since gold and silver are traded globally in US dollars, any drop in the rupee’s value makes these metals more expensive locally. This currency pressure adds fuel to the ongoing increase, as jewelers and importers adjust prices to match the cost of bringing these precious commodities into Pakistan.
Also Read: Gold and Silver Prices in Pakistan Hit Historic Highs Amid Global Market Rally
Inflation and Local Demand
Pakistan’s persistent inflation has also contributed to the increased demand for gold and silver. As purchasing power declines, many investors and households turn to precious metals to protect their savings. Gold and silver are viewed as reliable stores of value, especially in times of uncertainty. The growing demand from both individuals and institutions has kept local markets vibrant and prices high.
Government Regulations and Taxes
Government policies have also contributed to the rise in prices. Import duties, taxes, and trade regulations affecting gold and silver have added to consumer costs. Jewelers say that these additional expenses often pass on to buyers, further increasing retail rates. However, the government continues to monitor the market closely to ensure stability and fair trade practices in the bullion sector.
International Price Context
| Commodity | Unit | Price (USD) |
|---|---|---|
| Gold (Spot) | Ounce | 4,094.00 |
| Gold (Spot) | Gram | 131.64 |
| Silver (Spot) | Ounce | 52.00 |
| Silver (Spot) | Gram | 1.67 |
Experts predict that as long as global tensions and inflation fears persist, gold and silver prices in Pakistan will continue their upward momentum.













