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Pakistan Gold Opens at Rs422,462 Per Tola as Global Bullion Nears $4,000

A multi-year rally has lifted investment demand, pricing out many households.

Overview

  • The All Pakistan Saraafa Association set 24‑karat gold at Rs422,462 per tola and Rs362,193 per 10 grams at Monday’s open.
  • International gold traded around $4,001 per ounce, with analysts linking local volatility to global bullion moves and rupee swings.
  • Silver was quoted at Rs5,094 per tola and Rs4,367 per 10 grams across major Pakistani cities.
  • The Express Tribune reported 22‑karat gold at Rs387,472 per tola late last week following a local price dip.
  • From roughly Rs60,000 per tola in 2019, domestic prices have surged about 600%, as the World Gold Council notes investment demand rising and jewellery buying weakening.