Pakistan’s gold market is continuing to witness active trading activity as bullion prices remain elevated in line with international market trends. On Wednesday, the price of 24K gold in the local market is standing at Rs 481,500 per tola after registering an increase of Rs 500 during the day.
The latest bullion data shows that 10 grams of 24K gold are being traded at Rs 412,809, while one gram of 24K gold is available at Rs 41,281. The rate for 22K gold has reached Rs 441,489 per tola and Rs 378,409 per 10 grams.
Similarly, 21K gold is being quoted at Rs. 421,421 per tola, while 20K and 18K gold prices are standing at Rs. 401,354 and Rs. 361,218 per tola, respectively.
The increase in local bullion prices is continuing to follow movements in international gold markets, where prices are remaining strong around $4,712 per ounce. International demand and global economic uncertainty are continuing to influence gold trading patterns worldwide.
In Pakistan, higher gold prices are impacting jewellery demand, investment planning and wedding-related purchases. Despite elevated rates, gold continues attracting buyers due to its long-standing role as a store of value and protection against inflation.
The local bullion market is also remaining closely connected with currency trends and import costs, both of which are contributing to daily price adjustments. Market activity is continuing across major cities as traders and consumers monitor further developments in international gold prices and domestic demand conditions.