Gold Prices Hit All-Time High in Pakistan Amid Global Surge -08,September,2025
(Monday): Gold prices in Pakistan continued their record-breaking rally, mirroring global trends as investors bet on a possible U.S. Federal Reserve rate cut.
- In the local market, gold price per tola surged by Rs.6,100, reaching an all-time high of Rs.384,000, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
- The price of 10 grams of gold also touched a historic level of Rs.329,219 after a daily gain of Rs5,230.
- On Friday, gold had already set a record at Rs.377,900 per tola, up Rs.1,200 from the previous session.
International Market Trends
- International gold prices rose to $3,613 per ounce (with a $20 premium), marking a gain of $61.
- Spot gold traded at $3,583.41 per ounce as of 0454 GMT, close to its all-time high of $3,599.89 reached on Friday.
- U.S. gold futures for December delivery, however, fell by 0.8% to $3,624.
Market Drivers
Gold’s upward momentum is fueled by investor expectations of a Federal Reserve interest rate cut, following a weaker-than-expected U.S. jobs report. Lower rates generally boost demand for non-yielding assets like gold.
Market Outlook
Analysts suggest gold could remain bullish in the short term if global economic uncertainties persist. However, traders are advised to remain cautious, as volatility may continue in the international market.