Gold rates cross Rs450,000 mark in Pakistan – October 17, 2025

KARACHI: Gold rates reached an all-time high in Pakistan on Friday, October 17, 2025, driven by a rally in international markets.

The rates of per tola 24 karat gold increased by Rs 14,100 to Rs 456,900 compared to Rs 442,800 on the previous day, according to the All Pakistan Sarafa Gems and Jewellers Association.

Likewise, the price of 10 grams of 24 karat gold rose by Rs12,089 to Rs391,718 from Rs379,629.

In the international market, gold prices also went up by $141, reaching $4,358 compared to $4,217 on the prior day.

Gold as a Safe-Haven Asset

Gold continues to be viewed as a reliable safe-haven asset, especially during times of inflation, economic uncertainty, and geopolitical instability. Known for its role as both a store of value and a hedge against volatility, gold remains a favored choice for investors seeking stability.

With the rise of digital finance tools—such as gold-backed Exchange-Traded Funds (ETFs), mobile investment platforms, and other fintech innovations—the accessibility of global gold markets has expanded. These advancements have allowed retail investors, particularly in regions like the Gulf, to participate in what was once primarily an institutional market.

The recent surge in gold prices is a reflection of sustained global demand and increased investor caution in the face of ongoing economic and geopolitical challenges.

Gold Prices and Investment Trends in Pakistan

In Pakistan, where the rupee continues to face pressure and economic uncertainty remains high, gold has retained its significance as both a consumer and investor favorite. For many, gold is not merely a commodity but a trusted means of wealth preservation.

As market volatility escalates, tangible assets like gold are increasingly seen as secure investments, reinforcing their relevance in both traditional and modern financial strategies.