Gold prices in Pakistan continued to witness fluctuations as international bullion markets reacted to rising geopolitical tensions and changing investor sentiment. Traders and investors remained cautious as gold rates moved up and down during recent trading sessions.
According to the latest market updates, the price of 24-karat gold in Pakistan on Tuesday reached around Rs465,500 to Rs476,290 per tola, while the rate for 10 grams stood between Rs399,100 and Rs408,349 in local bullion markets. Different market trackers reported slight variations in prices across cities.
Bullion traders said gold prices are heavily influenced by movements in the international market and fluctuations in the value of the Pakistani rupee against the US dollar. Rising global uncertainty has also increased investor interest in gold as a safe-haven asset.
Recent reports showed that gold prices experienced sharp swings during May 2026. In some sessions, gold prices jumped by thousands of rupees per tola, while in others, rates declined due to profit-taking and easing global fears.
Market analysts believe international developments, including tensions in the Middle East, inflation concerns, and expectations regarding US interest rates, are currently driving precious metal prices worldwide. Higher oil prices and uncertainty in global financial markets are also adding pressure on bullion trading.
Experts advised buyers and investors to monitor daily gold rates before making purchasing decisions, as prices may continue to remain volatile in the coming weeks. Local Sarafa markets in Karachi, Lahore, Islamabad, Rawalpindi, and other cities are updating gold prices regularly according to international market trends.
Also read: Gold Prices Remain Volatile Amid Global Uncertainty
