KARACHI (Business Desk): The price of gold in Pakistan continued its upward trend on Tuesday, November 12, 2025, following strong demand in both local and international markets. According to the All Pakistan Sarafa Jewellers Association (APSGA), the price of 24-karat gold rose to Rs435,762 per tola, while 10 grams of gold were traded at Rs373,595.
The persistent rise in gold prices comes amid fluctuations in the global bullion market and ongoing currency volatility. Experts attribute the current surge to investors seeking safe-haven assets as economic uncertainties continue worldwide.
Gold Rates in Major Cities of Pakistan (12 November 2025)
| City | Gold Price (24K per Tola) | Silver Rate (per Tola) |
|---|---|---|
| Karachi | Rs435,762 | Rs5,353 |
| Lahore | Rs435,762 | Rs5,353 |
| Islamabad | Rs435,762 | Rs5,353 |
| Peshawar | Rs435,762 | Rs5,353 |
| Quetta | Rs435,762 | Rs5,353 |
| Sialkot | Rs435,762 | Rs5,353 |
| Hyderabad | Rs435,762 | Rs5,353 |
| Faisalabad | Rs435,762 | Rs5,353 |
Meanwhile, the price of silver stood at Rs5,353 per tola and Rs4,589 per 10 grams, maintaining stability over the past 24 hours.
Global Gold Market Overview
In the international market, gold was trading at $4,134 per ounce, showing signs of moderate strength as global investors continued to hedge against inflation and currency devaluation. The recent recovery of the US dollar index and speculation about interest rate adjustments by major central banks have also influenced gold’s trajectory.
Analysts predict that if the dollar weakens further or inflation rises, gold prices could remain on an upward path in the coming weeks.
Why Are Gold Prices Rising in Pakistan?
Economic analysts link Pakistan’s gold price hike to two main factors:
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Fluctuating Rupee Value – The recent depreciation of the Pakistani rupee against the US dollar has directly impacted bullion prices.
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Global Uncertainty – Rising geopolitical tensions and inflation fears have increased the demand for safe investments like gold.
With the local economy under pressure, many Pakistanis continue to view gold as a reliable store of value, particularly for long-term savings and wedding purchases.
Final Outlook
The consistent rise in gold rates in Pakistan reflects broader market uncertainty and investor sentiment worldwide. Market watchers suggest that prices may remain volatile in the short term but could stabilize as global economic indicators improve.
Citizens planning to buy or invest in gold are advised to monitor daily market updates and verify rates from official Sarafa Association sources before making purchases.