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Gold Sets Fresh Records as Pakistan Price Reaches Rs409,878 per Tola

Fresh highs reflect heavy central‑bank purchases of bullion.

Overview

  • The All-Pakistan Gems and Jewellers Sarafa Association reported a Rs2,100 daily increase to Rs409,878 per tola and a Rs1,801 rise to Rs351,404 for 10 grams on October 4.
  • International spot bullion was quoted near $3,886 per ounce, up about $21 on the day, with APGJSA noting a $20 premium.
  • Over the past week, Pakistan’s per-tola price climbed roughly Rs12,178 as global gold advanced by about $127 per ounce.
  • Silver also gained, with the per-tola rate rising by Rs57 to Rs4,896, according to local market reporting.
  • Year to date, gold has risen about 44% to near $3,895 per ounce, a move analysts link to sustained central-bank buying, a weaker dollar, and strong ETF inflows.