Gold Hits Historic Highs: International Rally Sends Pakistan Prices to Record Levels — 10g Reaches Rs356,033

Gold hits record highs globally; Pakistan records unprecedented domestic prices

Gold surged to fresh record highs in recent trading, with international spot bullion jumping sharply and domestic rates in Pakistan following suit. International spot gold rose by roughly $54 per ounce to about $3,940 per ounce in the latest session. In Pakistan, the price per tola climbed to Rs415,278, while the price of 10 grams increased by Rs4,629 to Rs356,033 — both the highest levels on record. Reuters+1

Spot silver, platinum and palladium also gained: spot silver climbed to levels not seen in over a decade, reflecting a broad precious-metals rally. Yahoo News+1

Why gold is climbing

Market participants point to a mix of reinforcing factors behind the rally:

• Safe-haven demand: Heightened geopolitical risk and macro uncertainty have pushed investors toward gold as a store of value. Reuters
• Monetary policy expectations: Increasing bets on central-bank rate cuts — which reduce the opportunity cost of holding non-yielding gold — helped drive flows into bullion. Reuters
• ETF and institutional flows: Net inflows into gold ETFs and increased central-bank purchases have amplified price momentum. The World Gold Council’s data and analysis provide useful context on these flows. World Gold Council

These drivers lifted not only gold but also other precious metals, producing broad-based gains across the sector. Reuters

Domestic impact in Pakistan

The domestic spike matters for several groups:

• Consumers and jewelers: Retail buyers will face higher costs for jewelry and investment coins. Jewelers may adjust making charges, stock policies and promotional offers as they manage margins. Dawn+1
• Investors: Physical-gold holders register paper gains while new entrants face higher entry points; alternatives such as gold ETFs or staggered buying on dips may become more attractive. World Gold Council
• Importers and macro implications: Pakistan imports most of its bullion demand; sustained high international prices can widen import bills and affect trade and foreign-exchange dynamics. SAMAA TV

What market participants should watch

Key data and events that could influence the near-term path of prices:

• US inflation prints and Fed guidance — stronger inflation or dovish signals could sustain bullion demand. Reuters
• US dollar direction — a weaker dollar tends to support dollar-denominated commodities like gold. Reuters
• ETF flows and central-bank purchases — ongoing inflows are price-supportive; watch monthly ETF data and central-bank reports. World Gold Council
• Geopolitical developments — sudden escalations in global risk can rapidly accelerate safe-haven buying. Reuters

Practical takeaways

• Short term: Expect elevated volatility — rallies can be fast and corrections sharp. Short-term traders should use stop-loss discipline.
• Long term: Gold remains a strategic hedge against inflation and systemic risk; current prices change entry points and sizing, not necessarily the asset’s role. World Gold Council
• Consumers: If buying jewelry, compare making charges and consider staggered purchases or alternative investment vehicles to spread risk.

Conclusion

Gold’s move to record territory reflects a confluence of safe-haven flows, macro uncertainty and significant investor demand. Pakistan’s domestic market mirrored that global strength with new record levels for the tola and 10-gram quotations. The path forward will hinge on central-bank signals, currency moves, ETF flows and geopolitical developments — all of which deserve close monitoring by investors, jewelers and consumers alike. Reuters+1

External links (authoritative sources)

• Reuters — “Gold hits new peak on Fed rate cut bets” (international market coverage). Reuters
• Dawn — “Gold hits record high above Rs… (Pakistan domestic prices)” (local market figures). Dawn
• Samaa TV — “Gold price in Pakistan latest – October 06, 2025” (local price breakdown). SAMAA TV
• World Gold Council — Gold price data and ETF/flows analysis. World Gold Council
• Reuters — broader coverage on gold breaking $4,000 and related market context.