KARACHI, April 27 — Gold prices in Pakistan edged higher on Monday, tracking gains in international markets, according to data released by the All Pakistan Sarafa Gems and Jewelers Association.
In the local bullion market, the price of 24-karat gold per tola increased by Rs800 to close at Rs493,962, compared with the previous session’s Rs493,162. Despite the uptick, 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 rose by Rs686 to settle at Rs423,492, up from Rs422,806 in the last trading session. Traders attributed the increase to modest gains in global bullion rates and stable demand in the domestic market.
Internationally, gold prices also moved higher, with the precious metal gaining $8 to reach $4,716 per ounce, compared with $4,708 previously. Analysts said the upward trend was supported by cautious investor sentiment and continued interest in safe-haven assets amid global economic uncertainty.
Market participants noted that local gold prices in Pakistan typically mirror movements in international markets, while also factoring in the exchange rate of the rupee against the U.S. dollar. The relatively stable currency helped limit sharper fluctuations in domestic bullion rates.
Despite recent volatility, gold continues to attract buyers seeking a hedge against inflation and currency depreciation. Dealers expect prices to remain sensitive to global economic indicators, central bank policies and geopolitical developments in the coming weeks.
The steady increase on Monday reflects a broader trend of cautious optimism in bullion markets, both locally and internationally.