Gold prices in Pakistan surged to a new all-time high on Thursday. A sharp rally in international markets fueled the unprecedented domestic rise. The per tola price of gold jumped by a significant Rs 10,700 in a single session. It reached a historic peak of Rs 454,262, according to latest market data.
The price of 10 grams of gold also climbed sharply. It increased by Rs 9,174 to settle at Rs 389,456. This surge directly mirrored the momentum in global trading. Internationally, spot gold rose 1.2% to $4,332.25 per ounce. This marked its highest level since October 21, 2025.
The precious metal is on track for a 3.2% weekly gain. This reflects strong and sustained investor demand worldwide. The rally also propelled silver prices to new records. Spot silver rose 1.1% to $64.29 per ounce after touching a fresh peak.
Read: Gold Prices Rise Again as Silver Hits Record High in Local and Global Markets
Silver is headed for an impressive 10.4% weekly gain. In Pakistan’s domestic bullion market, silver also achieved new highs. The per tola rate of silver increased by Rs 232 to Rs 6,684. The price per 10 grams of silver continued to trend upward.
This price movement follows consistent gains throughout the week. On Wednesday, 24-carat gold per tola had increased by Rs 500 to Rs 443,562. Silver per tola had also risen by Rs 85 to reach Rs 6,452. Analysts attribute the surge to a combination of global economic signals.
These include geopolitical tensions and expectations of shifts in monetary policy. Investors traditionally flock to gold as a safe-haven asset during periods of uncertainty. The simultaneous peak in silver indicates broad-based demand for precious metals.