Gold edged higher in Karachi’s Sarafa market on Saturday, with 24-karat gold trading at Rs450,500 per tola, up Rs2,200 from Thursday’s confirmed rate of Rs448,300, according to two independently updated live rate trackers, Hamariweb and UrduPoint, which both showed the identical figure on their Saturday-dated pages. The move comes even as international bullion continues to wrestle with a stronger US dollar and rising expectations of further Federal Reserve rate hikes, a combination that has kept gold roughly Rs2,200 to Rs4,200 off its recent daily swings this week rather than moving sharply in one direction.
Silver also ticked up slightly, changing hands at around Rs6,724 per tola, according to an average of two live-tracker quotes (LivePriceOfGold and UrduPoint) that were within about 1.3 percent of each other — close enough to be treated as agreement rather than a real conflict.
| Metal / Karat | Price per Tola (Rs) | Price per 10 Grams (Rs) |
|---|---|---|
| 24K Gold | 450,500 | 386,240 |
| 22K Gold | 412,958 | 354,053 |
| 21K Gold | 394,188 | 337,960 |
| 18K Gold | 337,875 | 289,680 |
| Silver (999 fine) | 6,724 | 5,768 |
| International Gold (per ounce, USD) | $4,285 – $4,342 | |
The international backdrop remains mixed. Spot gold was hovering in the $4,285 to $4,342 range on Friday, per TradingEconomics and a Yahoo Finance market wrap, as traders weighed a stronger US Dollar Index — which climbed to near two-month highs — against Treasury yields sitting at their highest levels in nearly two decades. Markets are currently pricing in roughly a 69 to 70 percent chance of another Fed rate hike in October and close to 95 percent odds of a further increase in December, a backdrop that typically dulls demand for non-yielding assets like gold. Offsetting that pressure to some extent, festive-season buying in India has picked up as lower prices attracted bargain hunters, while ongoing US-Iran talks over reopening the Strait of Hormuz and a concluding US-China summit have added a layer of safe-haven demand that has kept bullion from falling further.
Back home, the Pakistani rupee held broadly steady against the US dollar, trading around Rs277.1 to Rs277.6 in interbank dealing on Friday, according to Forex.pk — meaning today’s modest uptick in the local gold rate tracked the small international gain almost directly, rather than reflecting any currency swing. Gold remains well below its all-time high of roughly $5,608 an ounce set in January 2026, and is down about 6.7 percent over the past month even as it stays up close to 14 percent year-on-year.
For readers tracking the daily trend, Friday’s gold price update showed the market easing to Rs448,300 per tola after a two-day pullback — today’s figure marks a modest recovery from that level rather than a fresh downward move.
