On 16 October 2025, the Pakistani gold prices did not experience any significant shift, and the bullion market did not change significantly. As per the recent developments, 24-karat gold price per tola is at Rs. 452,300 and 10 grams of 24K gold is also being sold at Rs. 387,781.
The stable prices are witnessed amid varied international gold markets following constant U.S. interest rates and unstable international demands.
Latest Gold Prices in Pakistan (16 October 2025)
Category | Weight | Gold Price (PKR) |
24K Gold | 1 Tola | Rs. 452,300 |
10 Grams | Rs. 387,781 | |
1 Gram | Rs. 38,778.1 | |
1 Ounce | Rs. 1,211,950.7 |
Gold Prices by Purity Level
Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) | Per Ounce (PKR) |
24K Gold | Rs. 452,300 | Rs. 387,780 | Rs. 38,778 | Rs. 1,099,089 |
22K Gold | Rs. 414,608 | Rs. 355,465 | Rs. 35,546 | Rs. 1,007,498 |
21K Gold | Rs. 395,762 | Rs. 339,308 | Rs. 33,931 | Rs. 961,703 |
18K Gold | Rs. 339,225 | Rs. 290,835 | Rs. 29,083 | Rs. 824,317 |
Why Gold Prices Fluctuate
The price of gold fluctuates on a daily basis as a result of a number of factors both global and local. Increase in interest rates makes investors invest in interest earning assets and this results in a decline in price of gold. Central bank monetary policies also have an impact on demand – in many cases, loose policies result in increased gold purchasing.
The factors which motivate investors to invest in gold as a secure alternative are geopolitical tensions such as wars or sanctions, whereas currency variations, particularly a weakened rupee or dollar, tend to push up the prices.
Gold is also used as a hedge of inflation and therefore when prices of goods go up, its value goes up too. Also, prices are affected by the investment demand on ETFs and the demand of seasonal jewelry in countries such as Pakistan and India.
Check: Daily Gold Rates in Pakistan