Gold Price Today September 2 2025 gives you the latest updates on market trends gold rates and expert insights to help track movements and plan investments
Gold Price Today in Pakistan
The gold price today in Pakistan saw another sharp rise, following the global rally. In Karachi, Lahore, and Islamabad, the price of 24 Karat gold touched Rs 370,700 per tola, while 10 Gram stood close to Rs 317,815. Some market aggregators listed slightly different figures, such as Rs 365,800 per tola or Rs 361,200 per tola, reflecting city-based variations and different update times.
The weaker Pakistani rupee has added pressure, magnifying the impact of rising global bullion prices. Local jewellers note that buyers are cautious but still active, especially due to the upcoming wedding season.
Global Gold Price Trends
Internationally, the gold price today crossed historic levels. Spot gold touched intraday highs of $3,508.50 per ounce, with some feeds showing peaks near $3,571 per ounce. Futures on U.S. exchanges hovered around $3,550–$3,565 per ounce, supported by investor demand.
In India, the price of gold today reflected the same bullish sentiment. 24K gold traded at around ₹10,609 per gram, while 22K stood at ₹9,725 per gram. On the Multi Commodity Exchange, futures reached nearly ₹1,05,300 per 10 grams.
In Dubai, retail markets reported 24K gold between AED 419–422 per gram, while 22K hovered around AED 387–390 per gram, keeping the city’s reputation as a hub for bullion buyers intact.
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Why Prices Keep Rising
There are several reasons behind the current surge in the gold price today across global and local markets:
Safe-Haven Demand
With rising geopolitical tensions and global economic uncertainty, investors are shifting funds from riskier assets into gold. This traditional safe-haven demand has provided strong upward momentum.U.S. Interest Rate Expectations
Markets widely expect the U.S. Federal Reserve to cut interest rates this month. A potential rate cut reduces returns on bonds and cash holdings, making gold a more appealing investment.Weaker U.S. Dollar
The dollar has slipped in recent sessions, lowering the cost of gold for international buyers. A weaker dollar typically boosts global demand and supports higher prices.Central Bank Buying
Several central banks, particularly across Asia, have been steadily increasing their gold reserves. This structural demand adds further strength to the long-term upward trend.
For Pakistan, these factors have a direct impact. Since the country imports most of its gold, a weaker rupee against the dollar amplifies the price of gold today in the local market. Combined with high inflation, this makes prices more volatile and challenging for buyers.
