Karachi, March 31, 2026 – Gold prices in Pakistan extended their upward momentum on Tuesday, marking a third consecutive day of gains with a cumulative increase of Rs11,500 per tola in the domestic bullion market.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola surged to Rs478,762, up from Rs467,262 recorded on March 27, 2026. On a day-on-day basis, gold prices rose by Rs2,800 compared to the previous closing of Rs475,962, reflecting strong bullish sentiment in the local market.
The recent rally comes after a brief dip observed on March 27, following which gold prices have consistently moved upward. Despite the current surge, 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 increased by Rs2,401 to reach Rs410,461, compared to Rs408,060 a day earlier. The steady rise in local gold rates mirrors global trends, where bullion continues to gain amid ongoing economic uncertainty.
Market experts attribute the surge in Pakistan’s gold prices to developments in international markets, including geopolitical tensions such as the Iran conflict and persistent global trade disputes. These factors have increased investor demand for safe-haven assets like gold.
In the international market, gold prices climbed by $28 to settle at $4,560 per ounce, up from $4,532 in the previous session. Analysts believe that continued global instability may keep gold prices volatile in the coming days, influencing domestic rates accordingly.