Overview
- The 24‑karat rate stands at Rs443,162 per tola in today’s session, with 10 grams priced at Rs379,739 across major cities.
- International bullion opened at $4,208 per ounce, down $10 from the previous session.
- A competition study estimates annual domestic consumption at 60–90 tonnes, driven by cultural demand, with over 90% of trading outside formal channels.
- The market relies largely on imports, which totaled USD 17 million in FY2023–24.
- Regulators have proposed a Pakistan Gold & Gemstone Authority to standardize oversight, while the Reko Diq copper‑gold project is flagged for long‑term potential of up to USD 74 billion over 37 years.