Gold and silver prices in Pakistan remained stable at all-time highs, mirroring trends in the international bullion market.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), 24-karat gold is held at Rs388,100 per tola and Rs332,733 per 10 grams. Silver stayed steady at Rs4,358 per tola and Rs3,736 per 10 grams. Globally, gold stood firm at $3,654 per ounce
Gold prices soared in the days leading up to September 10. On Tuesday, September 9, gold per tola jumped Rs4,100 to Rs388,100, with 10-gram gold rising Rs3,514 to Rs332,733. On Monday, it hit Rs384,000 per tola after a Rs6,100 single-day gain. These record highs reflect a six-day streak of increases driven by global market dynamics.
Read: Gold Prices Hit New Records in Pakistan and International Markets
Internationally, gold prices are climbing due to expectations of a US interest rate cut in September 2025. This has weakened the dollar and Treasury yields, boosting demand for gold as a safe-haven asset. Investors are awaiting key US inflation data later this week, which could further influence prices, per Reuters.
Stable gold and silver prices at record levels signal strong investor confidence amid economic uncertainty. In Pakistan, these metals are key for savings and investments. The steady prices offer stability for buyers, while the global rally highlights gold’s role in uncertain times.