Gold prices in Pakistan rose sharply on Wednesday, according to rates shared by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 24-karat gold climbed by Rs13,900 per tola to Rs426,003.
The rate for 22-karat gold per 10 grams rose by Rs11,917 to Rs365,257. Internationally, gold was trading at roughly $4,035 an ounce, up $139.
Live ratesGold rate today in Pakistan: 24K, 22K and 21K per tola →
Gold recovers after a longer-term slide
The latest increase follows a rally on Monday, when gold gained Rs2,400 and reached Rs412,136 per tola. The metal has been far below its earlier-year levels, having traded well above Rs500,000 per tola at points in 2026.
Also read: Pakistan gold rate drops as stronger dollar weighs on bullion
Prices peaked near Rs541,000 in March before falling through the autumn. By October, they had settled in a range of roughly Rs400,000 to Rs430,000.
Silver eases as dealers watch global cues
Silver has been more volatile. It retreated on Tuesday after its rise a day earlier, tracking softer global rates and sensitivity to industrial demand from the solar and electronics sectors.
Participants said local bullion remains closely tied to global rates and the rupee’s movement against the dollar. Jewellery, wedding-season and investment demand still affect intraday prices, though their impact has diminished at very high price levels.
For now, dealers and analysts are watching US data, Federal Reserve guidance, global geopolitics and the dollar’s trend. The market is described as consolidating after much larger price swings through 2026.
