(Web-Desk)-International Gold Rate Holds Above $4,000 Amid Bullish Outlook and Geopolitical Tensions, Despite Recent Volatility
International Gold Market: On October 31, 2025, the international price of gold was reported to be trading around $4,003 to $4,026 per ounce. After reaching an all-time high earlier in the month, the precious metal has consolidated its position above the significant $4,000 psychological level, weathering a recent correction. Some reports indicate a slight rebound on Friday, with one source putting the price at $4,018 per ounce.
Despite some bearish pressure from a firm US Dollar and the Federal Reserve’s hawkish stance, bullish momentum persists. Analysts point to strong investment demand, substantial buying by central banks, and ongoing global economic and geopolitical uncertainty as key factors underpinning the metal’s performance. Forecasts from experts suggest gold could continue its upward trajectory, potentially testing higher resistance levels in the near term.
Pakistan Market: Following the international trend, gold prices in Pakistan increased on October 31, 2025. The All Pakistan Gems and Jewellers Sarafa Association reported that the price of 24-karat gold rose by Rs5,300 per tola, reaching Rs424,162. Similarly, the price for 10 grams of 24-karat gold increased by Rs4,544 to Rs363,650. This move came after a significant drop just days earlier, indicating renewed demand in the local market.
