Gold rates in Pakistan dropped on Thursday, October 2, 2025, following a record high a day earlier, in line with international market trends, according to the All Pakistan Sarafa Gems and Jewellers Association.
Domestic Market
The price of 10 grams of 24-karat gold fell by Rs2,144 to Rs349,603, down from Rs351,747. Similarly, 10 grams of 22-karat gold slipped by Rs1,965, now priced at Rs320,481 compared to Rs322,446 a day earlier.
International Market
In the global market, gold prices declined by $25, settling at $3,865 per ounce, compared to $3,890 previously.
Silver Prices
Unlike gold, silver saw modest gains. The price of 24-karat silver rose by Rs13 per tola to Rs4,839, while 10 grams silver increased by Rs11, reaching Rs4,148. International silver prices also edged up by $0.13, recorded at $47.40 per ounce.
Gold as a Safe-Haven Asset
Despite fluctuations, gold continues to serve as a trusted safe-haven asset during inflation, economic uncertainty, and geopolitical instability. Increasingly, innovations like gold-backed ETFs and mobile investment platforms have expanded access for retail investors, particularly in regions such as the Gulf.
Investment Trends in Pakistan
In Pakistan, where the rupee remains under pressure and economic uncertainty persists, gold remains a key method of wealth preservation. With rising market volatility, investors are turning to tangible assets like gold for financial security, reinforcing its significance in both traditional and modern investment strategies.
