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Pakistan Gold Prices Surge to Record Highs

10/6/2025

33 5 Full Breakdown

Summary

Story summary

Pakistan's 24-karat gold hits a record on October 6, 2025, at Rs415,278 per tola, up Rs5,400.
10 grams of 24-karat gold rise to Rs356,033; 22-karat to Rs326,375 per 10 grams.
International gold climbs to $3,940 per ounce, up $54.
Silver advances to Rs4,949 per tola and Rs4,242 per 10 grams.
Reported by the All-Pakistan Gems and Jewellers Sarafa Association.

History

Historical Context

The Gold Standard Act of 1900, signed by President William McKinley, established gold as the sole basis for U.S. currency, fixing its price at $20.67 per ounce. This act formalized a monetary system that persisted until the Great Depression, when the gold standard was abandoned. Today, gold prices have surged to $3,940 per ounce, reflecting ongoing economic uncertainties reminiscent of early 20th-century challenges.

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Story summary

Pakistan's 24-karat gold hits a record on October 6, 2025, at Rs415,278 per tola, up Rs5,400.
10 grams of 24-karat gold rise to Rs356,033; 22-karat to Rs326,375 per 10 grams.
International gold climbs to $3,940 per ounce, up $54.
Silver advances to Rs4,949 per tola and Rs4,242 per 10 grams.
Reported by the All-Pakistan Gems and Jewellers Sarafa Association.

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