Gold has always been a very special metal for people in Pakistan. It is not only used for making jewellery but also seen as a safe way to save money. Every family in Pakistan knows the importance of gold, especially during weddings, festivals, and financial uncertainty. The price of gold in Pakistan has changed a lot over time, and its journey from 1947 to 2025 tells an amazing story about the country’s economy and the value of its currency.
Gold Prices from 1947 to 2025
The table below shows the estimated average price of 24-carat gold per tola (about 11.66 grams) in Pakistan since independence:
| Year | Gold Price (PKR per Tola) |
|---|---|
| 1947 | 57 |
| 1950 | 70 |
| 1960 | 133 |
| 1970 | 250 |
| 1980 | 2,250 |
| 1990 | 5,500 |
| 2000 | 10,500 |
| 2010 | 38,500 |
| 2020 | 105,000 |
| 2025 | 370,000 |
(Intermediate years follow the same trend, with steady or sharp increases depending on inflation and global prices.)
Early Years: 1947–1969
When Pakistan became independent in 1947, gold was very cheap. One tola cost only around PKR 57. The economy was new, stable, and simple. During the 1950s and 1960s, prices rose slowly as inflation stayed low. By 1969, gold was about PKR 225 per tola. People mostly bought gold for weddings and traditional gifts, not as an investment.
The Big Jump: 1970–1989
In the 1970s, prices began to climb quickly. The world faced oil crises, inflation, and currency problems. These global changes made gold more expensive everywhere. In Pakistan, the price rose from PKR 250 in 1970 to over PKR 2,000 by 1980. During the 1980s, gold became a “safe” way to protect money. By 1989, it was around PKR 5,000 per tola.
Modern Growth: 1990–2009
The 1990s brought more political and currency changes. The rupee started losing value, and people turned to gold for safety. In 1990, it was PKR 5,500, and by 2000 it reached PKR 10,500. In the 2000s, Pakistan’s gold demand increased, especially after the global financial crisis. By 2009, it crossed PKR 30,000 per tola.
Record Highs: 2010–2025
From 2010 onwards, gold prices rose very fast. The global economy was unstable, and the Pakistani rupee weakened. In 2010, gold was PKR 38,500 per tola. In 2020, during the COVID-19 pandemic, prices touched PKR 105,000. By 2025, gold reached around PKR 370,000 per tola, the highest in Pakistan’s history.
Why Gold Prices Increased
- High inflation reduced the value of money.
- Falling rupee made imported gold more expensive.
- Global demand and economic uncertainty pushed prices up.
- Cultural love for gold in Pakistan created constant demand.
Conclusion
From PKR 57 in 1947 to PKR 370,000 in 2025, gold’s price in Pakistan has increased more than 6,000 times. This rise shows the effects of inflation, changing economies, and people’s trust in gold as a safe investment. Even today, Pakistanis see gold as a symbol of wealth, beauty, and security — a treasure that never loses its shine. ✨
