Rates

Gold Prices in Pakistan – 29 October 2025

The latest rates reflect a continued high level for gold in Pakistan, though they’ve moderated somewhat from recent peaks. The domestic market is showing the effects of global gold price movements, currency behaviour and local demand dynamics.

PurityPer Tola (11.67 g)Per 10 Grams
24KPKR 414,500PKR 355,370
22KPKR 379,950PKR 325,753

🌍 Global Factors

  • Internationally, gold remains under pressure from a strengthening US dollar and improving economic indicators, which tend to reduce the safe-haven appeal of gold.
  • Fluctuations in global bond yields and central bank commentary are also influencing bullion demand and prices.

🇵🇰 Domestic Influences

  • Being a major gold-importing country, Pakistan’s pricing is closely tied to both the international gold rate and the USD/PKR exchange rate. Even if international bullion falls slightly, a weaker rupee can offset or even reverse that in local rupee terms.
  • Domestic demand, especially for jewellery, remains significant. Cultural factors (weddings, festivals) can sustain consumption and keep premiums elevated.
  • The local market has benefited from recent surges but is now showing signs of consolidation given the somewhat lower open today.

📌 Implications & What to Watch

  • For buyers: With prices still high, any small dip may present a better entry point. Keep an eye on global announcements (especially US Fed commentary) and the USD/PKR rate.
  • For sellers/investors: The current level offers a favourable environment to consider liquidating, but timing remains key given potential volatility.
  • For trend observers: The gold market remains in an elevated state, but if global conditions (e.g., interest-rate expectations, dollar strength) shift, a correction or consolidation could occur.

🔍 Key Metrics to Monitor

  • USD/PKR exchange movement: Significant shifts here directly affect imported gold cost.
  • Global bullion market: Spot price per ounce, changes in investor sentiment and inflation/monetary policy signals.
  • Domestic supply/demand: Jewellery industry activity, import volumes and any government/policy actions affecting bullion trade.

Stay updated with Daily Forex Pakistan for real-time gold price updates, intra-day movement and deeper market insights.
🔗 www.dailyforex.pk

Yasher Rizwan

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