Gold prices in Pakistan climbed again on Wednesday, November 26, 2025, in line with a rise in the international market, according to figures shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The price of 24-karat gold went up by Rs2,300, reaching Rs438,862 per tola, compared to Rs436,562 the previous day. Rates for 10 grams of 24-karat gold increased by Rs1,972 to Rs376,253, while 10 grams of 22-karat gold rose by Rs1,808 to Rs344,911.
In the global market, gold was trading at $4,165 per ounce, up $23 from the earlier level of $4,142.
Silver also became costlier, with the per-tola rate rising by Rs60 to Rs5,482, and 10 grams increasing by Rs51 to Rs4,699. International silver prices stood at $52.10 per ounce.
Meanwhile, the Competition Commission of Pakistan (CCP), in its review of the gold sector, has suggested forming an authority to improve documentation in the market.
The commission noted that gold trading in Pakistan largely lacks transparency and relies heavily on informal channels. It pointed out that Pakistan consumes between 60 and 90 tons of gold annually, with over 90 percent of the trade taking place outside formal systems.
The study also mentioned that Pakistan imported gold worth 17 million dollars in the 2024 financial year and highlighted the potential of the Reko Diq project, which is expected to produce gold worth 74 billion dollars over 37 years, a development that could significantly influence the country’s gold supply chain.