Gold remains a lucrative investment and a key player in Pakistan‘s jewelry industry. Gold prices in the country on Friday, August 29, 2025, stood at very high levels, indicating the international market trends and the local market situation. Goodreturns have reported 24K gold to cost PKR 30,907.10 per gram, 22K gold to cost PKR 28,331.60 per gram, and 18K to cost PKR 23,180.40 per gram. These are average prices in Pakistan; however, the prices can vary locally depending on the city and jeweler.
Current Gold Rates in Pakistan
Following are the 24K, 22K, and 18K Rates of gold in Pakistan as of 29/8/2025:
| Gold Purity | Price per Gram (PKR) |
| 24K Gold | 30,907.10 |
| 22K Gold | 28,331.60 |
| 18K Gold | 23,180.40 |
The most expensive is the 24K because of its use in investments, although 22K and 18K are mostly used in jewelry manufacturing because of their reliability and cost efficiency.
Factors Influencing Gold Prices
Both domestic and foreign variables combine to affect the price of gold in Pakistan. Global bullion rates are the biggest force in this way, meaning that an increase or decrease in the worldwide markets will immediately impact the domestic prices. The other important aspect is the strength of the Pakistani Rupee against the US Dollar. Gold is traded in the world market in dollar form; hence, a low rupee value makes gold more expensive in the domestic market.
The domestic demand is also critical. Gold is extremely associated with cultural practices, especially in the wedding season and during festive seasons, where increased demand by jewelers and consumers can further increase the price. Another layer of influence is the government regulations, import duties, and taxation policies. Any augmentation of responsibilities or limitations of imports generally increases the local prices, but some relief can be given by encouraging policy. All these factors ensure the formation of a dynamic situation where the prices of gold are constantly changing.
Economic Impact and Market Sentiment
The impact of the gold price increase on Pakistan’s economy is twofold. Although it increases the worth of investments to those who own gold, it poses challenges to jewelers and the common consumers. The elevated levels render the acquisition of jewels expensive to the common household, but gold remains a safe-haven asset, especially during periods of inflation and currency depreciation.
Financial observers observe that the gold market in Pakistan could be further affected within the next few weeks by changes in the global demand, Federal Reserve practices in the US, and oil prices. Before consumers and investors make significant gold purchases and investments, they are encouraged to take time to update themselves on what is happening in the global markets.