Gold prices in Pakistan surged sharply on March 24, 2026, following a brief historic dip the day before. The price of 24-karat gold rose by Rs16,300, reaching Rs464,062 per tola. Similarly, 10-gram 24-karat gold increased to Rs397,858, while 22-karat gold was traded at Rs364,716 per 10-gram.
Silver prices also saw an upward trend, with 24-karat silver reaching Rs7,454 per tola. The rise in local gold and silver prices reflects global market trends, where spot gold traded near $4,425 per ounce. Investors are closely monitoring geopolitical tensions, particularly in the Middle East, and concerns about global interest rates, which continue to affect the demand for precious metals.
Higher gold prices have an impact on both investors and consumers. Many Pakistanis buy gold for investment, savings, and weddings, so rising rates increase the cost of purchases. Jewelers may also adjust retail prices accordingly, affecting the overall market. Analysts suggest that while short-term fluctuations are common, the ongoing international uncertainty is likely to keep gold prices high for some time.
Here is a summary of the current rates:
| Metal | Karat/Weight | Price (PKR) | Change (PKR) |
|---|---|---|---|
| Gold | 24-karat per tola | 464,062 | +16,300 |
| Gold | 24-karat per 10g | 397,858 | +14,000 approx |
| Gold | 22-karat per 10g | 364,716 | +13,500 approx |
| Silver | 24-karat per tola | 7,454 | +200 approx |
Experts advise investors to watch both local and international markets carefully, as prices may continue to fluctuate depending on global events and economic policies.
