KARACHI, April 16, 2026 — Gold and silver prices in Pakistan extended gains on Thursday, tracking an upward trend in international bullion markets, according to data released by the All Pakistan Sarafa Gems and Jewelers Association.
In the local market, 24-karat gold per tola rose by Rs1,400 to Rs504,862, while the price of 24-karat gold per 10 grams increased by Rs1,200 to Rs432,837. Similarly, 22-karat gold per 10 grams climbed by Rs1,100 to Rs396,781.
Silver prices also recorded an upward movement, reflecting strong global demand. The price of 24-karat silver per tola rose by Rs110 to Rs8,514, while international silver prices increased to $80.30 per ounce.
Bullion experts said the rise in domestic prices is largely driven by gains in global markets, where gold climbed to $4,825 per ounce, up by $14. They attributed the upward momentum to improved investor sentiment and ongoing geopolitical developments, including expectations of renewed diplomatic engagement between the United States and Iran.
Gold and Silver Prices – April 16, 2026
| Commodity | Unit | Price | Change |
| Gold (24K) | Per tola | Rs504,862 | +1,400 |
| Gold (24K) | Per 10 grams | Rs432,837 | +1,200 |
| Gold (22K) | Per 10 grams | Rs396,781 | +1,100 |
| Gold (Global) | Per ounce | $4,825 | +14 |
| Silver (24K) | Per tola | Rs8,514 | +110 |
| Silver (24K) | Per 10 grams | — | +94 |
| Silver (Global) | Per ounce | $80.30 | +1.10 |
Analysts said precious metals continue to attract investors as a hedge against inflation and geopolitical uncertainty. They added that fluctuations in the Pakistani rupee and global commodity trends will remain key drivers for local bullion prices in the coming days.