Gold prices in Pakistan continued their upward trajectory today, with 24K gold reaching Rs. 449,000 per tola. The first trading day of December opened strong as global bullion markets reacted to renewed investor interest, expectations of lower interest rates in early 2026, and a weaker US Dollar index.
Domestic gold markets across Karachi, Lahore, Islamabad, Peshawar, Multan, and Faisalabad reported noticeable activity as buyers stepped in ahead of the peak winter wedding season. The Pakistani Rupee also showed slight weakness, adding upward pressure to local bullion prices.
Overall, sentiment in the gold market remains bullish as both global and domestic factors continue to support higher valuations.
📊 Today’s Gold Rate in Pakistan – 1 December 2025
| Gold Purity | Per Tola (PKR) | Per Gram (PKR) | Per 10 Grams (PKR) | Per Ounce (PKR) |
|---|---|---|---|---|
| 24K Gold | Rs. 449,000 | Rs. 38,495 | Rs. 384,950 | Rs. 1,091,070 |
| 22K Gold | Rs. 411,583.33 | Rs. 35,287.08 | Rs. 352,870.83 | Rs. 1,000,147.50 |
| 21K Gold | Rs. 392,875 | Rs. 33,683.13 | Rs. 336,831.25 | Rs. 954,686.25 |
| 18K Gold | Rs. 336,750 | Rs. 28,871.25 | Rs. 288,712.50 | Rs. 818,302.50 |
🌍 Market Overview – 1 December 2025
Global gold prices surged early today, crossing $2,445 per ounce, supported by investor expectations that central banks may slow down or reverse interest rate hikes in early 2026. This has increased the appeal of precious metals as a safe-haven and inflation hedge.
In Pakistan, the rising gold price reflects:
- Continued depreciation pressure on the Pakistani Rupee
- Strong global bullion demand
- Increased investor participation
- High jewelry demand for wedding season
Traders report a stronger-than-usual start to December as customers rush to buy before further potential price hikes.
📌 Why Gold Prices Rose Today
🔸 1. Global Bullion Strength Continues
International gold prices are climbing due to market uncertainty and softening rate expectations.
🔸 2. PKR Weakness
A minor drop in the PKR adds upward pressure to domestic bullion rates.
🔸 3. Wedding Season Boost
Local jewelers report increased sales ahead of December weddings.
🔸 4. Investor Momentum
More investors are shifting to gold as a safe hedge for year-end portfolios.
💡 Investment Insight
At Rs. 449,000 per tola, gold remains a strong long-term asset—especially during economic uncertainty.
✔ Short-Term Outlook
Expect mild intraday fluctuations, but overall bullishness may continue into early December.
✔ Long-Term Outlook
With inflationary pressures and currency risks still present, gold is positioned as a reliable wealth-preservation tool for long-term buyers.
Those looking to invest may consider accumulating on brief dips.
🔮 Gold Price Forecast for Tomorrow (2 December 2025)
Gold is expected to trade within:
- Rs. 447,500 – Rs. 452,000 per tola
If global gold breaks above $2,450, domestic rates may rise even further.
📌 Daily updated Gold & Silver prices available at:
🔗 www.dailygold.pk