KARACHI – Gold Rates in Pakistan recorded a sharp increase on Wednesday after international bullion prices posted strong gains. The latest rise pushed domestic gold prices to new highs, reflecting the upward trend in global markets.
According to the latest market update, the price of gold increased by Rs10,000 per tola. Following the increase, the rate reached Rs437,936 per tola in the local bullion market. The price of 10 grams of gold also climbed by Rs8,573, taking it to Rs375,459.
The latest jump came just a day after a slight decline in local bullion prices. On Tuesday, the price of gold per tola had fallen by Rs500, closing at Rs427,936. However, Wednesday’s strong recovery more than reversed the previous day’s loss.
Market experts linked the increase in Gold Rates to the rally in international bullion prices. The global price of gold rose by $100 per ounce, reaching $4,155. The international rate also included a premium of $20 per ounce.
The rise in global prices directly influenced the domestic bullion market. Pakistan’s gold market often follows international trends because gold is traded based on worldwide demand and pricing.
Latest Gold Rates in Pakistan
The updated bullion prices are as follows:
| Category | New Price |
|---|---|
| Gold (Per Tola) | Rs437,936 |
| Gold (10 Grams) | Rs375,459 |
| Silver (Per Tola) | Rs6,624 |
| International Gold (Per Ounce) | $4,155 |
| International Premium | $20 |
Silver prices also moved higher alongside gold. The price of silver increased by Rs273 per tola. After the latest revision, silver was available at Rs6,624 per tola in the domestic market.
The increase in precious metal prices has attracted attention from investors and buyers. Higher international demand and market uncertainty often lead to stronger gold prices worldwide. These movements usually affect local bullion markets as well.
In Lahore, bullion traders reported slightly different trading levels depending on the market. Gold was quoted between Rs433,500 and Rs432,500, while Pathoor rates ranged from Rs428,000 to Rs426,000.
Jewellers and traders said market activity may remain influenced by changes in international prices over the coming days. Investors are also closely watching global economic developments that could affect bullion demand.
The latest Gold Rates highlight the strong connection between Pakistan’s bullion market and international price movements. Any further increase or decline in global gold prices is expected to influence local rates in the coming sessions.
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Consumers planning to buy jewellery or invest in precious metals are advised to monitor daily market updates, as Gold Rates can change quickly based on fluctuations in international bullion markets and currency trends.
