Gold price in Pakistan increases as 24K gold climbs to Rs443,762 per tola
The gold price in Pakistan increases once again as domestic bullion rates moved upward on Monday, reflecting renewed activity in the precious metals market amid fluctuating international trends. According to figures released by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold rose by Rs1,600, pushing the per tola rate to Rs443,762, marking a notable jump in the local market.
The upward trend continued across the board as 24-karat gold per 10 grams also registered an increase, gaining Rs1,372 to reach Rs380,454, a price that further underscores the growing demand and shifting investor sentiment. Meanwhile, the rate of 22-karat gold, often preferred for fine jewelry, also strengthened, rising to Rs348,762 per 10 grams, reflecting consistency in price adjustments across purity grades.
Local jewelers attribute the latest rise to global market volatility and the Pakistani rupee’s ongoing fluctuations, factors that have kept bullion prices unstable over recent weeks. Analysts say that the international gold market, influenced by economic data releases, geopolitical tensions, and currency movements, continues to shape the pricing mechanism in domestic markets.
In addition to gold, silver prices also recorded an upward trajectory. The per tola price of silver surged by Rs30 to Rs6,102, while the 10-gram rate increased by Rs26 to Rs5,231, marking yet another day of strengthening commodity prices. Dealers note that although silver remains more stable compared to gold, its price movement often mirrors the broader trend seen in global precious metals markets.
Market watchers believe that if international prices continue their current pattern, local bullion rates may witness further adjustments throughout the week. Investors, particularly those involved in short-term trading, are closely monitoring both domestic and global signals to gauge the next direction of the market.
As Pakistan navigates fluctuating economic conditions, gold remains a preferred hedge against uncertainty, drawing attention from both investors and consumers, especially ahead of the wedding season when buying activity traditionally increases. Jewelers in major cities, including Karachi, Lahore, Islamabad, and Peshawar, reported stable footfall but noted that rising prices may influence buying behavior in the coming days.
The APGJSA continues to update gold and silver rates daily based on global market movements, domestic supply chains, and currency exchange fluctuations. For now, gold buyers and investors in Pakistan are bracing for the possibility of continued changes as the international market remains sensitive to economic indicators and geopolitical developments.
