Karachi — The Pakistani bullion market started the trading week with a sense of calm stability. The All Pakistan Sarafa Jewellers Association confirmed that local gold rates remained unchanged today, mirroring a temporary pause in international spot market volatility and a highly resilient Pakistani Rupee (PKR).
The benchmark 24-Karat gold is holding firm at Rs. 461,812 per tola. For commercial retail and smaller transactions, the price of 10 Grams of 24K gold stands at Rs. 381,950, while the fractional 1-Gram rate is steady at Rs. 38,195.
Karats Breakdown
For jewelry consumers, the rates across different purity tiers are as follows:
24K Pure Gold: Rs. 461,812 per tola (Investment standard)
22K Gold: Rs. 423,020 per tola (Fine jewelry standard)
21K Gold: Rs. 404,086 per tola (Most popular consumer choice)
18K Gold: Rs. 346,359 per tola
Market Insight: While international gold prices remain under pressure near the $4,315 per ounce mark, the local Sarafa market has been protected by a steady USD-to-PKR exchange rate trading around Rs. 278.60. Financial analysts note that despite short-term flattening, gold continues to be the primary hedge against long-term inflation for local investors, showing a massive multi-year upward trajectory.
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