Per tola gold price exceeds Rs425,000 in Pakistan

Karachi: Gold prices have once again seen a huge increase, after which gold in local and global markets reached a new all-time high.

In the global market, gold rose by $84 to $4,039 per ounce, which is being called the highest price ever.

After which, gold also reached a record level in the Pakistani market. According to the All Pakistan Jewelers Manufacturers Association, gold per tola has become more expensive by Rs8,400 to Rs425,178, and 10 grams of gold has reached a high of Rs364,521 with an increase of Rs7,202.

According to experts, investors want to protect their money by buying gold in the current tense situation. Expectations of further reduction in interest rates in the US have also pushed the price of gold up.

According to the latest data, the price of spot gold in the global market increased by 0.7 percent to $4011 per ounce, while the price of US gold futures has reached $4033 per ounce.

The global price of gold has increased by 53 percent since the beginning of 2025. Experts say that if this trend continues, the next big target could be $5,000 per ounce.

According to analysts, the main reasons for the increase in the price of gold include increasing global debt, political unrest, weakness of the dollar, and buying gold by central banks.

The ongoing government shutdown in the US has also worried investors, as important economic reports are being delayed due to this. Now the market is expecting the US Federal Reserve to cut interest rates further this month and in December.

On the other hand, political crises in France and Japan have also increased the trend of buying gold. Fears of additional spending after the election of a new prime minister in Japan have further destabilized the market.

The prices of other precious metals have also risen. Silver has reached $48, platinum $1,658, and palladium $1,361 per ounce.

Experts say that if the situation continues like this, gold could become even more expensive in the coming years.