Key Points
Domestic gold prices post notable single-day gain
Gold prices in Pakistan moved higher on Monday, October 26, 2026, with the benchmark 24-karat rate registering a notable single-day increase. The price of 24-karat gold per tola rose by Rs1,400, taking the domestic rate to Rs423,436. The advance reflects a recovery in the local bullion market after earlier weakness in prices.
Alongside the per-tola move, the price of 10 grams of 24-karat gold also climbed. The 10-gram rate increased by Rs1,201 to Rs363,028, the association said.
Detailed movements across purity benchmarks
Price gains were not limited to the highest purity segment. For 22-karat gold, the price of 10 grams increased by Rs1,101, reaching Rs332,787. These synchronized moves across karat categories underline a broad-based adjustment in Pakistan’s retail gold prices.
Market participants rely on daily guidance from jewellers’ associations for standardized pricing. The quoted figures for per-tola and per-10-gram rates were based on rates issued by the All Pakistan Sarafa Gems and Jewellers Association and the All-Pakistan Gems and Jewellers Sarafa Association, which serve as key references for domestic bullion trading.
Link to international bullion market
The domestic price adjustment coincided with strength in the international gold market. On the same day, the global price of gold increased by $14, reaching $4,009 per ounce. The local advance in Pakistan’s gold rates was in line with the international rise.
The rebound followed a previous decline in Pakistan’s gold market, when the per-tola price had earlier fallen and then stood at Rs422,036 after that decrease. The latest increase to Rs423,436 suggests that domestic prices have recovered and moved above that earlier level, tracking the renewed firmness in global bullion benchmarks.
Implications for local gold trade
The fresh increase in gold prices affects a wide range of local stakeholders, from jewellers and bullion dealers to retail buyers. Higher quoted rates for 24-karat and 22-karat gold set a new reference point for transactions in jewellery and investment bars within Pakistan.
With both per-tola and per-10-gram prices adjusted upward on the same day, the move establishes a firmer near-term pricing environment for the domestic gold trade. Any further shifts in international bullion prices are likely to influence subsequent daily rate updates in the local market.
Key Takeaways
- 01Pakistan’s gold market has shifted back into an uptrend, with new reference prices set across 24-karat and 22-karat segments.
- 02Domestic bullion rates are closely aligned with international moves, as shown by the Rs1,400 per-tola rise alongside a $14 global increase.
- 03The latest pricing establishes a higher cost base for jewellery buyers and investors, framing upcoming trading decisions in Pakistan’s gold market.