Gold prices eased slightly in Pakistan’s bullion market on Friday, with the Karachi Sarafa market’s 24-karat rate settling at Rs434,500 per tola, even as international gold pushed to a fresh overnight high on continued safe-haven buying. The modest local pullback came despite the stronger international trend, a short-term divergence between the Karachi market and the global bullion price that has shown up on a few occasions this week.
| Category | Per Tola | Per 10 Grams |
|---|---|---|
| 24K Gold | Rs434,500 | Rs372,520 |
| 22K Gold | Rs398,290 | Rs341,480 |
| 21K Gold | Rs380,190 | Rs325,960 |
| 18K Gold | Rs325,880 | Rs279,390 |
| Silver | Rs6,721 | Rs5,761 |
| International Gold (per ounce) | $4,176.50 | |
Friday’s 24-karat rate is down roughly Rs600, or about 0.14 percent, from Thursday’s Rs435,100 per tola, according to a PakDaily report on Thursday’s gold rate. The dip was confirmed closely across two independently updating live-rate trackers, hamariweb.com and urdupoint.com, both of which showed an identical Rs434,500 per tola figure for the 24-karat rate on Friday. The 22K, 21K and 18K figures above are derived from the 24-karat rate using the standard purity ratios and closely match the figures reported directly by urdupoint.com.
Silver in Karachi was quoted at Rs6,721 per tola and Rs5,761 per 10 grams, per hamariweb.com’s Karachi silver desk — continuing a gradual decline from Rs6,802 per tola as recently as October 4-5, per the site’s own daily history.
Internationally, spot gold was trading at $4,176.50 an ounce as of late Thursday in New York, up $44.00, or 1.06 percent, on the day, according to Kitco’s live pricing. The overnight rally extends gold’s broader climb through 2026, with bullion continuing to draw support from expectations that the US Federal Reserve will keep cutting interest rates — the central bank’s next policy meeting is scheduled for October 27-28 — along with persistent global economic uncertainty that has kept investor demand for the metal elevated. The Pakistani rupee, meanwhile, held largely steady against the US dollar, with the State Bank of Pakistan’s interbank data showing the rate little changed at around Rs277 per dollar. With the rupee stable and the international price actually firmer, Friday’s small dip in the local 24-karat rate looks more like routine Sarafa market adjustment than a reaction to any external driver.
