Gold prices in Pakistan continued their upward trend on Thursday as the precious metal climbed to a new all-time high in the local and global markets.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola rose by a massive Rs1,900, reaching Rs442,800 in the local market.

The rate for 10 grams of 24-karat gold stood at Rs379,629, reflecting an increase of Rs1,629, while 10 grams of 22-karat gold climbed to Rs348,005, showing a gain of Rs1,493.

Global gold prices on rise

In the international market, gold prices increased by $19, reaching $4,217 per ounce. The rise in global prices is attributed to renewed investor interest amid economic uncertainty and currency fluctuations.

Also Read: Gold rate in Pakistan today: October 15, 2025 - latest rates

Market analysts said the appreciation of the US dollar and shifting interest rate expectations have pushed investors towards safe-haven assets like gold.

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.