Gold prices remain unchanged in local markets as international bullion trading stays subdued amid renewed tensions in the Iran-US conflict.

Karachi, November 3, 2026: Gold prices in Pakistan remained unchanged on Tuesday, with the rate of 24-karat gold standing at Rs412,136 per tola, according to the All Pakistan Gems and Jewellers Association.

Similarly, the price of 24-karat gold per 10 grams remained stable at Rs353,340 in local markets.

Bullion market experts attributed the unchanged domestic gold prices to subdued activity in international markets, where investors remained cautious amid geopolitical uncertainty.

They noted that renewed escalation in the Iran-US conflict continued to keep precious metal prices volatile, limiting significant movements in the bullion market.

In the international market, gold prices also remained unchanged at $3,896 per ounce.

Gold prices in Pakistan generally follow international bullion market trends, while movements in the rupee-dollar exchange rate and domestic market conditions also influence local rates.

Market participants will continue monitoring developments in the Middle East and international gold trading for potential changes in domestic bullion prices.

The association said that the exchange rate for gold rates in Pakistan are based on interbank foreign exchange rates released by the State Bank of Pakistan (SBP) on November 3, 2026.