Domestic bullion rates decline alongside international gold prices, with 24-karat gold settling at Rs422,136 per tola.

KARACHI, October 27, 2026: Gold prices in Pakistan declined by Rs1,300 per tola on Tuesday amid a fall in international bullion rates.

According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold fell to Rs422,136 per tola from the previous closing of Rs423,436 in the domestic bullion market.

Similarly, the price of 24-karat gold per 10 grams decreased by Rs1,115 to Rs361,913, compared with Rs363,028 recorded on the previous trading day.

In the international market, gold prices dropped by $13 per ounce to settle at $3,996, down from the previous closing of $4,009.

Bullion market participants attributed the decline in Pakistan’s gold prices to falling international rates. However, heightened tensions in the Middle East and concerns over global inflation continued to contribute to volatility in the precious metal market.

Gold prices in Pakistan generally follow international bullion trends, alongside domestic market conditions and currency movements.

Investors and consumers are closely monitoring global economic developments and geopolitical tensions for their potential impact on gold prices in the coming days.

According to the association the conversion rates for exchange gold in local currency are based on interbank foreign exchange rates released by State Bank of Pakistan.