KARACHI, April 15, 2026 — Gold prices in Pakistan surged sharply on Wednesday, tracking gains in international markets, as investors turned to the safe-haven asset amid improving global sentiment.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola rose by Rs3,500 to close at Rs503,462, compared with Rs499,862 a day earlier. Despite the latest increase, prices remain below the all-time high of Rs572,862 per tola recorded on January 29, 2026.
Similarly, the price of 24-karat gold per 10 grams increased by Rs3,001 to Rs431,637 from the previous session’s Rs428,636 in the domestic bullion market.
Bullion dealers attributed the upward trend in local prices to gains in the international market, where gold continued its rally amid renewed optimism over geopolitical developments. Market participants said expectations of a second round of peace talks between the United States and Iran improved investor sentiment, supporting demand for precious metals.
In the global market, gold prices climbed by $35 to settle at $4,811 per ounce, up from $4,776 in the previous session.
Analysts said that fluctuations in global geopolitical conditions, currency movements, and investor risk appetite remain key drivers of gold prices. They added that continued uncertainty in energy markets and broader macroeconomic factors could keep gold prices volatile in the near term.
Local traders noted that exchange rate stability and international price trends would continue to influence domestic bullion markets, with investors closely monitoring global developments for further direction.