KARACHI, April 14, 2026 — Gold prices in Pakistan surged sharply on Tuesday, approaching the Rs500,000 per tola mark, driven by bullish trends in international markets and shifting investor sentiment.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola rose by Rs4,600 to Rs499,962, up from the previous close of Rs495,362 in the domestic bullion market.
Similarly, the price of 24-karat gold per 10 grams increased by Rs3,943 to Rs428,636, compared with Rs424,693 a day earlier.
Despite the latest surge, prices remain below the all-time high of Rs572,862 per tola recorded on January 29, 2026.
Bullion dealers said the upward movement in local prices was largely in line with gains in global markets, where gold is often seen as a safe-haven asset during periods of geopolitical uncertainty and economic volatility.
In international markets, gold prices climbed by $46 to $4,776 per ounce, up from $4,730 in the previous session, reflecting renewed investor interest.
Market participants attributed the rally to improving sentiment amid ongoing diplomatic engagement between Iran and the United States, which has influenced commodity and financial markets globally.
Analysts said that while easing geopolitical tensions may typically reduce safe-haven demand, current market dynamics reflect a mix of factors, including currency movements, inflation expectations and investor positioning.
In Pakistan, gold prices are directly influenced by international rates and exchange rate fluctuations, making the local market sensitive to global developments.
Traders expect continued volatility in gold prices in the near term, depending on geopolitical developments, central bank policies and trends in the global commodities market.