Karachi, October 6, 2025 — Global and domestic gold prices surged to record highs on Monday, driven by continued economic uncertainty, a weaker U.S. dollar, and rising demand for safe-haven assets.
According to international market reports, gold crossed the $2,600 per ounce mark, its highest level in history, as investors flocked to precious metals amid concerns over inflation and slowing global growth.
In Pakistan, the per tola price of gold jumped to an unprecedented Rs. 255,000, reflecting both global trends and the impact of the rupee’s depreciation against the dollar. The All Pakistan Gems and Jewellers Association (APGJA) confirmed the increase, noting a surge in local demand despite record-high prices.
Experts attribute the rise to global geopolitical tensions, central bank gold purchases, and investor caution amid uncertain market conditions.
Analysts suggest prices may remain volatile in the coming weeks, with traders closely watching currency movements and U.S. economic data for further direction.
