Gold prices in Pakistan moved up, amid upward trajectory in the local bullion market. The price of 24-karat gold per tola surged by Rs2,100, bringing the new rate to Rs349,200, up from the previous Rs347,100, and rate for 10 grams of 24-karat gold rose by Rs1,800, reaching Rs299,382.
The increase reflects ongoing shifts in the international gold market and fluctuations in the domestic currency, prompting investors to turn to gold as a safe-haven asset.
Meanwhile, the price of 22-karat gold per 10 grams also edged up in proportion to its purity, tracking the broader market movement.
Gold & Silver Rates in Pakistan
| Type | Price | Change |
|---|---|---|
| 24K Gold (Per Tola) | Rs349,200 | ▲ Rs2,100 |
| 24K Gold (Per 10 Grams) | Rs299,382 | ▲ Rs1,800 |
| 22K Gold (Per 10 Grams) | Rs274,267* | — |
| Silver (Per Tola) | Rs3,497 | — |
| Silver (Per 10 Grams) | Rs2,998 | — |
*Approximate value based on standard 22K gold-to-24K gold conversion.
City-Wise Gold Rates (24K Per Tola)
-
Karachi: Rs349,200
-
Lahore: Rs349,200
-
Islamabad: Rs349,200
-
Multan: Rs349,200
-
Peshawar: Rs349,200
Analysts expect the gold market to remain volatile, influenced by global economic uncertainty, interest rate expectations, and foreign exchange fluctuations. Gold continues to serve as a key hedge against inflation for local investors.
