Gold and the Pakistan stock market emerged as the highest-return investment options in 2025, outperforming real estate, government securities, and bank deposits, according to a report by Topline Securities.
Gold Becomes Pakistan’s Top Performing Asset in 2025
Gold delivered an outstanding 73% return between January 1 and December 24, 2025, making it the best-performing asset class in Pakistan.
-
Gold price surged from Rs. 233,711 to Rs. 405,402 per 10 grams
-
International gold price rose from $2,612 to $4,503 per ounce
Strong global demand, economic uncertainty, and investor preference for safe-haven assets contributed to this massive rise.
Pakistan Stock Market Delivers Impressive 48% Return
The KSE-100 Index ranked as the second-best performing investment, posting a 48% total return including dividends.
Analysts attribute this strong performance to:
-
High investor confidence
-
Robust trading volumes
-
Improving market sentiment
With just a few trading sessions left in the year at the time of reporting, equities remained a highly attractive growth investment.
Real Estate Market Continues to Grow Steadily
Real estate remained a preferred investment, especially in DHA Karachi and DHA Lahore:
-
Commercial plots: up 18%
-
Residential plots: up 15%
-
House prices: increased 8%
Despite slower growth compared to gold and stocks, property investments retained strong long-term appeal.
Government Securities Provide Stable Double-Digit Returns
Government-backed financial instruments also performed well:
-
Naya Pakistan PKR Certificate: 22% return
-
Naya Pakistan USD Certificate: 10%
-
Pakistan Investment Bonds (PIBs): 14%
-
Treasury Bills (3-month & 1-year): 12%
-
Special Saving Certificate (SSC): 12%
-
Mutual funds: 11%
-
Bank deposits: 9%
These options remained popular among risk-averse investors seeking stable income.
Currency and Crypto Performance in 2025
The US dollar provided modest gains of around 3–4%, with the rupee remaining relatively stable:
-
Interbank: Rs. 278 → Rs. 280
-
Open market: Rs. 280 → Rs. 281
Meanwhile, cryptocurrency investments recorded a negative –4% return, impacted by global volatility and local regulatory restrictions.
Investment Outlook: Gold and Equities Shine Brightest
Despite economic challenges, gold and equities attracted the highest investor interest due to superior returns. Real estate and government securities continued to offer reliable, lower-risk investment options.
Overall, 2025 proved highly rewarding for Pakistani investors, particularly those who invested in gold and the stock market.
