Gold prices soar in Pakistan: Rs4,800 surge in one day

Gold Jewellery in Pakistan

Karachi, March 28, 2026 – Gold prices in Pakistan witnessed a significant surge on Saturday, rising by Rs4,800 per tola in line with fluctuations in international markets. The increase reflects ongoing volatility driven by global economic uncertainty and geopolitical tensions.

According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola climbed to Rs472,062, compared to the previous closing of Rs467,262 in local bullion markets. 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 rose by Rs4,116, reaching Rs404,717 from Rs400,601 a day earlier. The upward trend has added to concerns among buyers and investors, particularly amid persistent uncertainty in global financial markets.

Market experts attributed the rise in domestic gold rates to sharp movements in international prices. They noted that ongoing geopolitical developments, coupled with global trade disputes, have made gold a preferred safe-haven asset, leading to frequent price swings.

In the international market, gold prices surged by $48 per ounce, closing at $4,493 compared to $4,445 in the previous session. Analysts believe that continued instability in global markets could keep gold prices elevated in the near term.

Gold remains a key investment option in Pakistan, often seen as a hedge against inflation and currency depreciation. With prices on the rise again, investors are closely monitoring global trends to anticipate future movements in the bullion market.

Gold prices in Pakistan surge Rs4,800 per tola as global rates rise. Check latest bullion rates, trends, and market outlook today.