Gold in Pakistan is holding steady on Thursday morning, with the 24-karat rate still sitting at Rs446,200 per tola (Rs382,550 per 10 grams) as of this morning — unchanged from Wednesday’s closing level, according to a cross-check of Karachi-based rate trackers including Gold.pk, UrduPoint and GoldRatesPakistan.com. Karachi’s bullion market typically issues its next official price revision around 2pm local time, so this morning’s rate reflects Wednesday’s close carrying over rather than a fresh domestic move.
The pause locally comes even as international gold firmed slightly overnight, edging up to roughly $4,282 per ounce on Wednesday — up about 0.4% from the previous close of $4,263.77, according to Trading Economics data. The move follows a big overnight event: the US Federal Reserve, under new chair Kevin Warsh, raised its benchmark interest rate by 25 basis points to a range of 3.75%–4% on Tuesday, the first hike since 2023, with Warsh saying the bank still sees inflation running “too high.” Rate hikes usually weigh on non-yielding assets like gold since they make interest-bearing investments more attractive, but bullion’s modest bounce suggests traders had already priced in the move and are now parsing Warsh’s forward guidance for further tightening. A steadier US Dollar Index and a slight pullback in Treasury yields after the decision also gave gold some room to firm up.
Silver in the local market is likewise unchanged, holding at Rs6,794 per tola, having barely moved over the past two sessions. For readers tracking the trend, Wednesday’s update covered the pullback that got local rates to this level after a sharp Rs10,200/tola drop from Monday.
| Metal / Karat | Per Tola | Per 10 Grams |
|---|---|---|
| Gold 24K | Rs446,200 | Rs382,550 |
| Gold 22K | Rs409,010 | Rs350,668 |
| Gold 21K | Rs390,425 | Rs334,732 |
| Gold 18K | Rs334,650 | Rs286,913 |
| Silver (999 fine) | Rs6,794 | Rs5,822 |
| International Gold | ~$4,282 / oz | |
The 22K, 21K and 18K figures above are derived from the 24K base using the standard 22/24, 21/24 and 18/24 purity ratios, and align closely with the karat breakdowns published directly by the rate trackers used for this report. Jewellers and buyers should still confirm same-day rates with their local Sarafa dealer before a purchase, since the official Karachi rate can move once the market’s afternoon revision lands.
