Karachi, April 29, 2026 — The All Pakistan Sarafa Gems and Jewelers Association has released the latest gold and silver prices to guide the general public and bullion market participants.
According to the latest update, both gold and silver prices recorded notable declines in line with trends in international markets.
Latest Gold and Silver Rates
• Gold 24-karat per tola: Rs479,562 (down Rs5,500)
• Gold 24-karat per 10 grams: Rs411,147 (down Rs4,715)
• Gold 22-karat per 10 grams: Rs376,898 (down Rs4,322)
• Gold (global per ounce): $4,572 (down $55)
• Silver 24-karat per tola: Rs7,766 (down Rs45)
• Silver 24-karat per 10 grams: Rs6,658 (down Rs38)
• Silver (global per ounce): $72.82 (down $0.45)
Market Analysis
The decline in local bullion prices reflects a broader downturn in international markets, where gold and silver prices have come under pressure. Analysts attribute the trend to rising expectations of higher global interest rates and ongoing geopolitical uncertainty.
Higher interest rates typically reduce the attractiveness of gold and silver, as these are non-yielding assets. Additionally, fluctuations in global demand and investor sentiment continue to influence short-term price movements.
In Pakistan, local bullion rates are closely tied to international prices and exchange rate dynamics, making them vulnerable to global economic shifts.
Outlook for Bullion Market
Market experts expect continued volatility in gold and silver prices in the coming days. Factors such as inflation trends, central bank policies, and geopolitical developments will remain key drivers for bullion markets.
Investors and traders are advised to closely monitor global cues before making investment decisions.