Gold and silver prices in Pakistan hit new all-time highs on Wednesday, December 24, 2025. This surge happened because international prices are rising and people are looking for safe ways to save their money during uncertain times.
Gold Prices in Pakistan
The price of gold jumped by Rs 2,000 per tola in a single day. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), here are the latest rates:
- 24-Karat Gold (Per Tola): Rs 472,862
- 10-Gram Gold: Rs 405,402
This increase follows an even bigger jump on Tuesday, when the price rose by Rs 8,500. Investors are buying more gold because they are worried about the local currency and global politics.
Silver’s Huge Success
While gold is getting a lot of attention, silver is actually performing better this year.
- Current Silver Price: Rs 7,505 per tola (up by Rs 500).
- Growth: Silver prices have increased by over 140% so far this year, while gold has grown by about 70%.
Experts call 2025 the “Year of Metals.” Because silver is cheaper than gold, many small investors are choosing it as a safer way to protect their savings.
Why are prices going up?
There are several reasons why precious metals are becoming so expensive:
- Global Records: In the international market, gold reached nearly $4,500 per ounce, and silver reached almost $70.
- Weak US Dollar: When the US dollar gets weaker, gold becomes cheaper for international buyers, which pushes the price up.
- Safe Investment: During wars or political trouble, people stop trusting paper money and start buying “hard assets” like gold and silver.
- Interest Rates: Experts expect the US Federal Reserve to cut interest rates. When interest rates are low, people prefer holding gold instead of keeping money in bank accounts.
The Local Currency
On the same day, the Pakistani Rupee remained steady. It closed at 280.20 against the US Dollar in the inter-bank market. While the currency is stable for now, the high demand for gold shows that people are still cautious about the future.