Gold price in Pakistan continued its upward momentum on Friday, reflecting strong global cues and persistent economic uncertainty. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold surged by Rs5,700 per tola, taking the new rate to Rs460,262 per tola, one of the highest levels recorded in recent weeks.
The rally in local bullion prices mirrors international market trends, where gold remains a preferred safe-haven asset amid expectations of monetary easing and ongoing geopolitical risks.
Gold Price in Pakistan Today – Latest Rates
The increase in gold prices was observed across all major purity levels in the domestic market.
The 24-karat gold price per 10 grams rose by Rs4,887, settling at Rs394,600, while 22-karat gold was quoted at Rs361,729 per 10 grams, highlighting broad-based strength in the precious metals segment.
In simple terms, compared to Thursday’s rates, buyers in Pakistan paid significantly more for gold on Friday, driven by both global price appreciation and currency-related pressures.
Read More: https://theboardroompk.com/gold-price-in-pakistan-declines-sharply-amid-market-volatility/
Silver Prices Follow Gold’s Upward Trend
Alongside gold, silver prices in Pakistan also posted notable gains.
The price of 24-karat silver increased by Rs227 per tola, reaching Rs7,862, while silver per 10 grams rose by Rs195 to Rs6,740. This synchronized movement suggests increased investor interest in precious metals as a hedge against inflation and financial volatility.
Gold Price in Pakistan – Performance Snapshot
From a broader perspective, gold has delivered strong returns over multiple timeframes. On a day-on-day basis, gold gained Rs5,700 per tola. Over the past month, prices are up by Rs17,100, while fiscal year-to-date (FYTD) gains stand at a substantial Rs110,062 per tola. On a calendar year-to-date (CYTD) basis, gold has added Rs3,300, reinforcing its long-term value proposition for investors.
Silver has shown a similar pattern, with Rs1,777 gained over one month, Rs4,080 FYTD, and Rs144 CYTD, indicating consistent upward pressure across precious metals.
Global Gold Market Supporting Local Prices
The surge in the gold price in Pakistan is closely tied to international market movements. In the global bullion market, spot gold traded near $4,388 per ounce, marking an increase of $40.2 or 0.92% from the previous session.
This global rise is being fueled by:
• Heightened geopolitical and economic uncertainty
• Expectations of monetary easing by major central banks later in 2026
• Sustained investor demand for safe-haven assets
These factors collectively provide strong support to both international and domestic gold prices.
Outlook: Will Gold Prices in Pakistan Rise Further?
Market analysts believe that if global uncertainty persists and interest rate cuts materialize in major economies, the gold price in Pakistan may continue to remain elevated in the near term. Additionally, fluctuations in the Pakistani rupee and import-related costs could further influence local bullion rates.
For investors, gold continues to serve as a reliable store of value, particularly during periods of economic transition and policy uncertainty.
Why Gold Still Matters for Pakistani Investors
• Acts as a hedge against inflation
• Protects wealth during currency volatility
• Strong historical performance in uncertain times
• High liquidity in local markets