KARACHI: In a major upward movement, gold prices across Pakistan hit new all-time highs on Friday, reflecting strong gains in both local and global markets.
According to the All Pakistan Gems and Jewellers Association, the price of per tola gold soared by Rs14,100, reaching an all-time high of Rs456,900.
Similarly, the rate of 10 grams of gold increased by Rs12, 089, pushing it to Rs391,718.
In the international bullion market, gold prices surged by $141, touching a record high of $4,358 per ounce.
Meanwhile, the price of silver rose by Rs167 per tola, settling at Rs5,504.
Gold prices in Pakistan have risen sharply by Rs54,800 per tola over the past month following the suspension of gold imports, according to official data.
Documents from the Pakistan Bureau of Statistics (PBS) indicate a likelihood of further price hikes, as gold imports have remained at zero for the fourth consecutive month.
The report revealed that the ongoing import ban has driven up gold prices by nearly Rs86,000 per tola in just four months. In June 2025, the per tola price stood at Rs356,900 in local bullion markets.
Official data also showed that gold imports fell by 100% year-on-year in September, with no gold imported during the first quarter of the current fiscal year.
The documents stated that not a single tola of gold was imported in September, whereas the last import occurred in May 2025, amounting to 9 kilograms. During the same month last year, Pakistan had imported 55 kilograms of gold worth over $4.6 million.
The report further noted that February 2025 recorded the highest gold imports of the year, with 43 kilograms valued at more than $4.06 million.
