Gold prices in Pakistan surged sharply on Tuesday, December 23, 2025, hitting an all-time high amid rising global demand and economic uncertainty, marking a historic record for the yellow metal in both local and international markets. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), 24-karat gold per tola jumped by Rs8,500 to reach Rs470,862, reflecting the strong upward trend for the second consecutive session. Similarly, the price of 10 grams of 24-karat gold climbed by Rs7,288 to be sold at Rs403,688, as investors continued to seek safe-haven assets.
The surge extended to 22-karat gold as well, with 10 grams rising by Rs6,681 to reach Rs370,060, reinforcing a robust local market response to global price movements. In the international market, gold prices rose by $85 per ounce to settle at $4,485, underlining sustained interest in precious metals amid shifting currency trends and financial uncertainties worldwide. Analysts suggest that ongoing economic volatility and investor caution are driving this strong demand for gold.
Meanwhile, silver prices remained stable despite gold’s sharp rally. The rate of 24-karat silver per tola held steady at Rs7,205, while 10 grams of 24-karat silver stayed at Rs6,177, showing minimal movement compared to gold. Experts note that gold continues to be the preferred choice for hedging against market instability, contributing to its record-breaking rise.
This surge in gold prices has significant implications for traders, investors, and consumers in Pakistan. Jewelers are adjusting rates to reflect the latest market dynamics, and financial analysts expect that gold may continue to witness upward pressure if global economic uncertainty persists. Consequently, both domestic and international investors are closely monitoring market trends, balancing opportunities with potential risks in the precious metals sector.
The current gold price record highlights Pakistan’s responsiveness to global market fluctuations, showcasing how international demand and currency shifts directly influence local rates. Experts advise buyers and investors to remain vigilant, as gold’s performance remains closely tied to global economic signals, inflation trends, and geopolitical developments.
