On Saturday 24 October 2026, gold prices in Pakistan opened at Rs424,536 per tola for 24-karat commodity as it recorded a decrease in previous session amid downward trend in global trend.
According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association, the price of 10 grams of 24-karat gold opened at Rs363,972.
In the international market, the price of gold opened at $4,020 per ounce as it witnessed a decline in previous session.
22, 21 and 18 Karat Gold Rates in Pakistan Today
The latest gold rates in Pakistan show that 22-karat gold is priced at Rs388,823 per tola, while 21-karat gold is available at Rs371,469 per tola. Meanwhile, the price of 18-karat gold stands at Rs318,402 per tola.
Silver Prices Today
Meanwhile, the price of silver per tola also recorded a dip of Rs221 in previous session with opening rate standing at Rs5,865.
Gold Prices May Remain Volatile Next Week
Gold prices could continue to see fluctuations next week as a combination of international economic developments and local market conditions influences demand and pricing. Short-term movements remain difficult to determine, with several factors potentially affecting the direction of gold rates.
Key factors to watch
Global economic outlook: Inflationary pressures, concerns over a possible economic slowdown and geopolitical developments could influence investor interest in gold. During periods of uncertainty, demand for gold may increase as investors seek assets traditionally viewed as a store of value.
US dollar movement: Changes in the value of the US dollar can have a significant impact on gold. A stronger dollar can put downward pressure on gold prices, while movements in the opposite direction may provide support.
Interest-rate decisions: Monetary-policy decisions by major central banks remain another important factor. Changes in interest rates can alter investor demand for gold and contribute to price movements.
International bullion prices: Global gold prices are an important component of domestic gold-rate movements. Changes in international bullion markets can therefore feed through to local prices.
Currency exchange rates: Movements in local currency values can also affect the cost of imported gold. A weaker currency can increase the domestic cost of the precious metal.
Local buying activity: Demand within the domestic market may provide additional support to prices, particularly during periods when festival- or wedding-related purchases increase.
