Gold Price in Pakistan Surges Amid Global Uncertainty

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Gold Price in Pakistan Surges Amid Global Uncertainty

Gold prices in Pakistan remained at elevated levels as investors continued to turn toward safe-haven assets amid ongoing geopolitical tensions and uncertainty in international markets. The precious metal has seen significant volatility in recent weeks, with local prices closely following movements in the global bullion market.

According to the latest market data, the price of 24-karat gold in Pakistan is around Rs465,000 to Rs476,000 per tola, depending on the market source and trading session. The rate for 10 grams of 24K gold is hovering between Rs398,000 and Rs408,000.

Market analysts say international developments, particularly tensions in the Middle East, have increased demand for gold as a safe investment. Global gold prices recently crossed $4,500 per ounce, supporting higher domestic rates in Pakistan.

Current local market estimates show 22K gold trading at around Rs426,000 to Rs433,000 per tola, while 21K gold is available near Rs407,000 to Rs413,000 per tola. Prices may vary slightly across different cities and jewelry markets due to making charges and local demand.

Jewelry traders note that buyers should pay attention to purity levels, as most jewelry sold in Pakistan is 21K or 22K rather than pure 24K gold. Additional making charges can also increase the final purchase price beyond the official market rate. Community discussions among Pakistani investors indicate that resale values often include deductions for wastage and workmanship costs.

Experts believe gold will remain sensitive to global economic conditions, including interest rate decisions, inflation concerns, currency fluctuations and geopolitical developments. As a result, further price swings are expected in both international and local markets during the coming weeks.

Latest Gold Rates in Pakistan (24K)

  • Per Tola: Rs465,000 – Rs476,162
  • Per 10 Gram: Rs398,663 – Rs408,232
  • Per Gram: Rs39,866 – Rs40,562
  • International Gold Price: Around $4,506 – $4,538 per ounce

Also read: Gold Prices Remain Volatile Amid Global Uncertainty

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