KARACHI: Gold prices surge across Pakistan today.
According to the details, the gold price in Pakistan witnessed a sharp increase on Thursday, jumping by over Rs 9,000 per tola following a major surge in international market bullion prices.
According to data released by the All Pakistan Sarafa Gems and Jewellers Association, the gold price in Pakistan for 24-karat gold rose by Rs 9,600 per tola to settle at Rs 435,636.
Similarly, the price of 10-gram 24-karat gold recorded an upward movement of Rs 8,230, reaching Rs 373,487.
The domestic price hike was primarily driven by international market dynamics, where global spot bullion surged by $96 to reach $4,131 per ounce.
Traders note that fluctuations in international bullion directly dictate the local gold price in Pakistan.
Gold Prices in Pakistan in 2026
The trajectory of the gold price in Pakistan in 2026 reflects significant volatility, shaped by macroeconomic shifts, global bullion movements, and exchange rate dynamics.
As a traditional safe-haven asset, gold has seen heightened demand among investors seeking protection against currency fluctuations and global economic uncertainty.
Throughout 2026, domestic rates have experienced substantial price swings, driven by broader trends in central bank policies, international commodity trading, and domestic market supply-demand balance.
In Pakistan’s local sarafa markets, pricing remains tightly linked to international spot gold rates alongside regional currency parity.
High gold prices have significantly reshaped consumer buying behavior, driving a visible shift toward lower-carat jewelry (such as 21K and 18K) and smaller bullion bars for individual savings.
Moreover, commercial jewelers have faced reduced retail trade volume during traditional wedding seasons, as high costs prompt buyers to favor lighter or recycled gold items.
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Overall, market analysts project that gold will maintain its strategic status in Pakistan throughout 2026, serving as a reliable hedge for capital preservation despite persistent price fluctuations.
