Gold prices in Pakistan climbed by Rs2,800 per tola on Friday, reaching Rs440,636, as international bullion rates also increased by $28 per ounce, according to the All Pakistan Sarafa Gems and Jewellers Association.

Gold prices in Pakistan recorded a significant increase on October 16, 2026, with the price of 24-karat gold rising to Rs440,636 per tola from the previous closing rate of Rs437,836.

According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the latest increase lifted the domestic price of gold by Rs2,800 per tola.

Gold Rates Increase Across Local Market

The price of 10 grams of 24-karat gold also increased on Friday, rising by Rs2,401 to Rs377,774 from the previous closing rate of Rs375,373.

The latest gains reflect the upward movement in bullion prices reported in both the local and international markets.

Gold remains a closely watched commodity in Pakistan, with changes in international prices influencing domestic bullion rates.

International Gold Prices Gain $28

In the international market, gold prices increased by $28 per ounce to $4,181, compared with the previous closing price of $4,153, according to the association.

The increase in international bullion prices coincided with the rise in domestic gold rates on Friday.

Market participants will continue to monitor international gold price movements for their potential impact on local rates.