Karachi, April 5, 2026 – Gold prices in Pakistan witnessed a sharp surge during the past week, rising by Rs18,300 per tola, according to data released by the All Pakistan Sarafa Gems and Jewelers Association.
The price of 24-karat gold per tola climbed to Rs490,362 for the week ended April 4, 2026, compared to Rs472,062 recorded in the previous week. Despite the latest increase, gold remains below its all-time high of Rs572,862 per tola, which was recorded on January 29, 2026.
Similarly, the price of 24-karat gold per 10 grams rose by Rs15,689, reaching Rs420,406, up from Rs404,717 a week earlier. The consistent upward trend reflects strong momentum in both domestic and international bullion markets.
Market analysts attribute the surge in local gold prices to rising global rates. In international markets, gold prices increased by $183 per ounce, closing the week at $4,676, compared to $4,493 in the previous week. The rally has been largely driven by geopolitical uncertainty, particularly tensions in the Middle East, which have boosted demand for safe-haven assets like gold.
Experts believe that ongoing global instability and fluctuating currency markets are likely to keep gold prices volatile in the coming weeks. Investors in Pakistan are closely monitoring these trends, as gold continues to serve as a key hedge against inflation and economic uncertainty.
The latest spike underscores gold’s enduring appeal as a secure investment during uncertain times.