Gold price in Pakistan hits record high: October 16, 2025

Man, gold just keeps doing its thing—shooting up, breaking records, and making everyone who owns even a tiny bit feel like a genius (or at least luckier than usual). So, yeah, on Thursday, the madness continued. Gold smashed through to a brand new all-time high, both here in Pakistan and worldwide. Honestly, it’s giving Bitcoin a run for its money.

Here’s the scoop from the All Pakistan Sarafa Gems and Jewellers Association, those folks who know their bling: 24-karat gold per tola jumped up by a chunky Rs1,900, now sitting pretty at Rs442,800. Wild, right? If you’re more of a grams person (because math is hard), 10 grams of 24-karat gold clocked in at Rs379,629—up by Rs1,629. Even the 22-karat stuff isn’t slacking off, moving up to Rs348,005 for 10 grams, an increase of Rs1,493. Basically, if you’ve got gold stashed somewhere, you’re probably grinning today. If not... well, maybe time to start digging under those couch cushions.

Global gold prices on rise

So, gold’s doing its thing again—shot up by 19 bucks, now sitting at a wild $4,217 an ounce. Yeah, you heard right. Everyone’s freaking out about the economy (shocking, I know) and currencies are doing their usual rollercoaster, so, surprise surprise, investors are piling back into gold like it’s the last lifeboat on the Titanic.

The so-called market “experts” are pointing fingers at the US dollar flexing its muscles and everyone guessing what’s up with interest rates. Basically, people are nervous, and when they’re nervous, they cling to gold like it’s their grandma’s secret cookie recipe. Safe havens, comfort food—call it what you want, but gold’s got the spotlight again.

Silver prices remain stable

Silver prices, however, did not see any change. The rate of 24-karat silver per tola remained Rs5,337, while 10 grams of silver were being sold for Rs4,575.