Gold has always been one of the most precious and trusted assets in Pakistan. People use it to make jewelry, and it’s also seen as a safe way to save money. Whether it’s for a wedding, a festival, or during hard times, gold holds a special place in every Pakistani home.
Gold Price History
Since Pakistan became independent in 1947, gold prices have changed a lot. These changes reflect the country’s economy, inflation, and the value of the Pakistani Rupee over time.
| Year | Gold Price (PKR per Tola) |
|---|---|
| 1947 | 57 |
| 1950 | 70 |
| 1960 | 319 |
| 1970 | 250 |
| 1980 | 2,250 |
| 1990 | 5,500 |
| 2000 | 10,500 |
| 2010 | 38,500 |
| 2020 | 105,000 |
| 2025 | 420,500 |
(Prices are rough averages from different years.)
Early Years: 1947–1969
After independence, Pakistan’s economy was still developing but fairly stable. Gold was affordable, and most people bought it for weddings or as gifts. Prices increased slowly — from PKR 57 in 1947 to about PKR 225 per tola by the late 1960s.
The Big Rise: 1970–1989
In the 1970s and 1980s, world oil crises and high inflation made gold prices jump quickly. In 1970, gold was around PKR 250, and by 1980 it had reached PKR 2,250. By the late 1980s, it was close to PKR 5,000 per tola. People started seeing gold as a safe way to protect their savings.
Modern Growth: 1990–2009
The 1990s were tough for the economy, and the Pakistani Rupee lost value. Because of this, gold became a popular investment. Prices went from PKR 5,500 in 1990 to PKR 10,500 in 2000. After the 2008 global financial crisis, gold demand grew even more, and by 2009, the price had reached around PKR 30,000 per tola.
Record Highs: 2010–2025
From 2010 onward, gold prices increased faster than ever. In 2010, it was around PKR 38,500 per tola. During the COVID-19 pandemic in 2020, prices hit PKR 105,000, and by 2025, gold reached PKR 420,500 per tola — the highest level in Pakistan’s history.
Why Gold Prices Increased
- High Inflation: As money lost value, gold became more expensive.
- Weak Rupee: A weaker rupee made imported gold costlier.
- Global Demand: More demand for gold worldwide affected local prices.
- Cultural Value: Gold remains important in Pakistani culture for weddings, festivals, and savings.
Conclusion
From PKR 57 in 1947 to PKR 420,500 in 2025, gold prices in Pakistan have increased more than 7,000 times. This rise shows how inflation, global trends, and people’s trust in gold have shaped its value over time.
Even today, gold stands as a symbol of wealth, security, and beauty — a treasure that continues to shine in every Pakistani home.
