KARACHI: Gold prices hiked in Pakistan after a temporary decline. According to the sources, following consecutive declines in recent sessions, gold price in Pakistan rebounds as per tola rate increases by Rs 2,400, bringing significant movement to the domestic bullion market.
According to the latest figures released by the All Pakistan Gems and Jewellers Association (APGJSA), the price of 24-karat gold rose by Rs 2,400 per tola to settle at Rs 412,136.
Similarly, the price of 10-gram 24-karat gold recorded an increase of Rs 2,058, reaching Rs 353,340. In the international bullion market, the price of gold per ounce surged by $24, reaching $3,896.
This uptick follows Saturday’s sharp drop in the local market, where gold price in Pakistan rebounds as per tola rate increases by Rs 2,400 after having previously plummeted by Rs 10,800 per tola in a single day.
A Comprehensive Note on Gold Rates in Pakistan in 2026
The performance of gold rates in Pakistan in 2026 reflects a continuous interplay between global macroeconomic shifts, domestic currency fluctuations, and localized demand patterns.
Throughout 2026, gold has maintained its reputation as a preferred hedge against inflation and currency depreciation among local investors and household savers.
During 2026, international gold prices reached historically elevated levels near the $3,900–$4,000 per ounce threshold, driven by global central bank purchases, interest rate policies, and geopolitical uncertainty across major economic hubs.
Consequently, domestic bullion markets experienced significant price escalations, pushing the 24-karat per tola benchmark firmly past the Rs 400,000 mark.
Despite periodic downward corrections—such as sharp single-day drops driven by profit-taking and international market pullbacks—the overall trajectory of gold rates in Pakistan in 2026 remained elevated compared to previous years.
The local jewellers association (APGJSA) aligns daily rates with the London Bullion Market Association (LBMA) benchmarks while incorporating local foreign exchange adjustments.
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As gold price in Pakistan rebounds as per tola rate increases by Rs 2,400, analysts point out that seasonal wedding demand combined with investor flight to tangible assets will continue to dictate short-term price dynamics in the Pakistani bullion market throughout 2026.
