Gold Prices Continue Upward Trend, Specific Purity Rates Adjusted
3 days ago
At a glance
- 24-karat gold is Rs433,836 per tola.
- International gold price is $4,114 per ounce.
- Prices are influenced by international market trends and geopolitical uncertainty.
Story so far
Gold prices in Pakistan have seen significant increases over recent days. On July 22, 24-karat gold per tola rose by Rs4,700 to Rs429,236. This upward trend continued, with another increase of Rs4,600 on Wednesday, pushing the price to Rs433,836 per tola. International gold prices have also surged, reaching $4,114 per ounce. The increases are attributed to global market situations, government policies, and geopolitical uncertainties, leading to increased demand for gold as a safe-haven asset.
Latest development
On Wednesday, gold prices in Pakistan continued their upward trend, with 24-karat gold per tola increasing by Rs4,600 to reach Rs433,836. Rates for 22-karat, 21-karat, and 18-karat gold have also been adjusted, reflecting sustained gains in both local and international markets.
Latest updates
The rates for other gold purities have also been adjusted. 22-karat gold is now priced at Rs396,458 per tola and Rs339,909 per 10 grams. 21-karat gold stands at Rs378,438 per tola and Rs324,459 per 10 grams, while 18-karat gold is Rs324,375 per tola and Rs278,108 per 10 grams. Internationally, the gold price of $4,114 per ounce includes a $20 premium.
Gold prices in Pakistan continued their upward trend on Wednesday, with the price of 24-karat gold per tola increasing by Rs4,600 to reach Rs433,836. Similarly, 10-gram gold saw a rise of Rs3,944, bringing its price to Rs371,944. These rates were reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Internationally, the price of gold also increased by $46, reaching $4,114 per ounce. Silver prices in the local market also registered a gain, with one tola becoming Rs7 more expensive, now costing Rs6,403.
Gold prices in Pakistan opened the new business week on July 22, 2026, with further increases. The price of 24-karat gold per tola was recorded at 429,236 rupees, following an increase of 4,700 rupees in previous sessions. Similarly, 10 grams of 24-karat gold opened at 368,000 rupees after a surge of 4,029 rupees.
The rates for other purities also saw adjustments: 22-karat gold is priced at 391,524 rupees per tola, 21-karat gold at 373,728 rupees per tola, and 18-karat gold at 320,338 rupees per tola.
Silver prices also rose, with one tola increasing by 219 rupees to open at 6,396 rupees, and 10 grams of silver standing at 5,483 rupees.
Internationally, gold opened at 4,068 dollars per ounce, increasing by 47 dollars in the previous session. Investors are reportedly adopting a cautious approach due to growing geopolitical uncertainty and expectations that persistent inflation could delay potential interest rate cuts by the U.S. Federal Reserve. Gold remains under pressure from a stronger U.S. dollar and expectations of tight monetary policy, though persistent demand for safe-haven assets is expected to limit significant declines.
Amidst the rising prices, gold demand in Pakistan is reportedly increasing as investors await the next market move.
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