Domestic bullion markets across Pakistan have recorded an unprecedented surge in precious metal valuations, with 24-karat gold reaching Rs 420,500 per tola on October 28, 2026. This aggressive domestic pricing closely mirrors volatile global trajectories, where international spot prices have breached the $4,042.65 threshold per ounce, straining local purchasing power and shifting retail asset allocation strategies.
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According to aggregated data provided by various regional “Sarafa Markets,” the underlying metric pricing reflects this sustained upward pressure on the domestic economy. The price for 10 grams of 24-karat gold currently stands at Rs 360,517.20, while a single gram commands Rs 36,051.72.
“Gold prices in Pakistan fluctuate frequently in response to international market trends.”
The domestic price expansion is fundamentally anchored to external commodity benchmarks rather than isolated local demand. In the international arena, bullion continues to assert its traditional safe-haven dominance, acting as the primary catalyst for domestic rate recalibrations.
| Market Indicator | Asset Class | Current Valuation |
| Domestic (24K) | Gold (Per Tola) | Rs 420,500 |
| Domestic (24K) | Gold (10 Grams) | Rs 360,517.20 |
| Domestic (24K) | Gold (1 Gram) | Rs 36,051.72 |
| International | Gold (Per Ounce) | $4,042.65 |
| International | Silver (Per Ounce) | $53.99 |
Simultaneously, international silver has demonstrated parallel upward momentum, trading at $53.99 per ounce globally. Market makers note that these external valuations leave local buyers heavily exposed to macroeconomic crosswinds, as retail rates continue to be dictated directly by the local gold markets and “Sarafa Markets” operating in various cities.
“The rates listed are provided by local gold markets and Sarafa Markets in various cities.”