Latest gold prices in Pakistan for 23 October 2025 – per tola, 10 grams, and per gram
The start of trading today sees gold prices opening at elevated levels following prior record highs, though slightly pulled back from peak levels seen earlier this month. The price movement reflects the interplay of global safe-haven demand, currency factors, and local market sentiment.
Purity
Per Tola (11.67 g)
Per 10 Grams
24K
PKR ~439,500
PKR ~376,810
22K
PKR ~402,874
PKR ~345,407
Global Influences
Gold continues to attract investor interest amid global economic uncertainties, central-bank messaging and currency fluctuations.
The U.S. dollar’s movement remains a key driver: when the dollar weakens, gold priced in rupees tends to rise.
External factors such as inflation expectations, geopolitical tensions and supply-chain disruptions also contribute to gold’s upward pressure.
Domestic & Local Factors
Pakistan is a large importer of gold, so international bullion rates and the local USD/PKR exchange rate jointly influence domestic pricing.
Demand for gold jewellery and investment remains strong in Pakistan due to cultural factors, weddings and gifting traditions — which often supports higher local premiums.
While the opening rates today are very high, a slight dip from the very peak suggests some profit-taking or caution has entered the market.
What It Means for Buyers & Sellers
Buyers: With prices this elevated, it may be wise to watch intra-day movements. A small drop in global rates or a slight rupee recovery could open a more favourable entry point.
Sellers/Investors: The high levels continue to offer strong potential for liquidation, but staying alert to global cues is prudent as sharp market moves can occur.
Trend-watchers: Although gold remains in an up-trend, the current run-up suggests the market could face consolidation or correction if global conditions stabilise or the rupee strengthens.
Key Points to Monitor Today
USD/PKR exchange rate: Any strengthening or weakening will quickly transmit into local gold pricing.
International bullion market updates: Shifts in major economies’ monetary policy or unexpected geopolitical news can accelerate gold moves.
Local demand & supply signals: Watch for large jewellery purchases or import announcements that may shift local availability and premiums.
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