The price of gold in Pakistan witnessed a substantial surge on Monday, December 23, 2025, bringing both concern and opportunity for investors and consumers. The domestic bullion market reacted to global cues, resulting in a significant upward adjustment for the precious metal.
Sharp Rise in Domestic Gold Rates
According to the latest updates from the bullion market, the price of 24-karat gold per tola (approximately 11.66 grams) increased by a notable Rs6,200. This sharp rise pushed the new price to Rs252,800 for a single tola of gold. For those tracking prices per 10 grams, the rate for 24-karat gold settled at Rs216,747, reflecting the same upward trend.
The surge was not limited to 24-karat gold. The price for 22-karat gold, another popular purity for jewelry, also climbed. Following the market adjustment, the new rate for 22-karat gold was set at Rs231,734 per 10 grams.
Global Market Influence on Local Prices
The primary driver behind this significant price hike in Pakistan's local markets is the movement in the international gold market. On the same day, the price of gold in the global market increased by $15 per ounce. This international benchmark directly influences domestic prices due to Pakistan's reliance on imported gold.
Consequently, the international price reached $2,385 per ounce. This global increase, when combined with the currency exchange rate and local market premiums, translated directly into the Rs6,200 per tola jump observed across Pakistani markets. The interplay between the US dollar's value, international gold trends, and local demand consistently dictates the daily gold rate in the country.
Market Implications and Consumer Impact
This sudden and substantial increase has immediate implications for various stakeholders. For investors and individuals holding gold assets, this rise represents a significant appreciation in the value of their holdings. It reinforces gold's traditional role as a safe-haven asset during times of economic uncertainty.
However, for prospective buyers and the jewelry industry, the price surge presents challenges. Consumers looking to purchase gold for weddings, festivals, or as an investment now face a higher entry cost. Jewelers may experience a temporary slowdown in sales as buyers adjust to the new price level and potentially adopt a wait-and-see approach.
Market analysts suggest that such volatility is expected as global economic indicators fluctuate. Investors are advised to monitor both international trends and the local currency's performance against the US dollar, as these two factors are the most critical determinants of future gold price movements in Pakistan. The current high price point makes it essential for buyers to conduct thorough research and consider their financial strategy before making new purchases.
