KARACHI – Gold prices in Pakistan jumped higher, recovering from recent decline recorded earlier this week amid volatile sessions.
On October 8, the price of 24-karat gold increased by Rs600 per tola to Rs435,036 while price of 10-gram gold rose by Rs515, reaching Rs372,973.
New Gold Rates
| Purity | October 5, 2026 |
|---|---|
| 24K — per tola | Rs437,536 |
| 24K — per 10 grams | Rs375,116 |
| 22K — per 10 grams | Rs343,868 |
| Silver — per tola | Rs6,588 |
| International gold | $4,150/oz |
The latest increase came a day after the domestic gold market recorded a significant decline. On Wednesday, gold fell Rs3,100 per tola to Rs434,436, while the 10-gram rate dropped by Rs2,658 to Rs372,458.
International gold Price
The recovery in Pakistan’s gold market came alongside a modest improvement in international bullion prices.
Internationally, spot gold was trading close to $4,123 an ounce after touching a two-month low in the previous session. A firmer US dollar and higher Treasury yields had weighed on the metal, while investors continued to assess the US Federal Reserve’s interest-rate outlook.
Silver prices moved lower in Pakistan despite the rise in gold. The price of silver declined by Rs120 per tola to Rs6,368 on Thursday. This followed a Rs100-per-tola fall in the previous session.
18, 21 Karat Gold prices
| Gold Purity | Per Tola | Per 10 Gram | Per Gram | Per Ounce |
|---|---|---|---|---|
| 22K | Rs399,000 | Rs342,000 | Rs34,000 | Rs969,000 |
| 21K | Rs381,000 | Rs326,000 | Rs33,000 | Rs925,000 |
| 18K | Rs326,000 | Rs280,000 | Rs28,000 | Rs793,000 |
Gold Price Trends in 2026
The latest movement comes against the backdrop of a highly volatile year for Pakistan’s gold market. Gold started 2026 at around Rs420,000-per-tola level and generally moved higher during the first half of the year. However, the market experienced substantial swings, particularly from June onward.
| Month | Average Price per Tola | Monthly High | Monthly Low |
|---|---|---|---|
| January | Rs421,444 | Rs423,500 | Rs418,000 |
| February | Rs424,063 | Rs425,500* | Rs422,500* |
| March | Rs428,077 | Rs430,000 | Rs426,000 |
| April | Rs429,423 | Rs431,500 | Rs427,500 |
| May | Rs430,212 | Rs432,000 | Rs429,000 |
| June | Rs440,637 | Rs465,000 | Rs425,800 |
| July | Rs431,661 | Rs442,900 | Rs424,200 |
| August | Rs456,632 | Rs484,000 | Rs428,300 |
| September | Rs450,593 | Rs459,500 | Rs438,000 |
| October 8 | Rs435,100 | Rs441,000 | Rs435,100 |
*Figures as provided in the supplied market data.
Gold entered October at elevated levels but has since come under pressure. The supplied data puts the 24K gold rate at Rs435,100 per tola on October 8, compared with a monthly high of Rs441,000.
Recent daily market records also show considerable movement: gold was at Rs441,000 on October 2 before falling to Rs437,000 on October 3 and then declining further over the following sessions.
Investors are also closely watching the US Federal Reserve’s interest-rate policy. Minutes from the Fed’s September meeting showed policymakers divided over the need for further rate increases, adding another layer of uncertainty to the outlook for bullion.
Gold Price slides to Rs4.34 Lac Per Tola in Pakistan amid Global dip
Despite these pressures, geopolitical risks and continued central-bank demand have helped prevent a deeper decline in gold.
Despite the recent correction, gold remains substantially more expensive than it was at the beginning of the year. The market’s trajectory, from an average of Rs421,444 per tola in January to a monthly average above Rs456,000 in August, shows the scale of the price increase seen during 2026.
