Gold prices eased in Pakistan on Sunday, with 24-karat gold trading at Rs447,700 per tola (Rs383,840 per 10 grams) in the local bullion market, according to live rate trackers Hamariweb and Urdupoint, both citing the Karachi Sarafa and Jewelers Association benchmark. That marks a drop of Rs2,800 per tola from Friday’s confirmed rate of Rs450,500/tola, as tracked in PakDaily’s previous update.
The pullback broadly tracked a softer international bullion market. Gold on the global spot market has been hovering in the $4,280-$4,400 an ounce range this week, weighed down by a stronger US dollar and rising expectations of a Federal Reserve rate move next month, which have pushed Treasury yields to their highest levels in nearly two decades. Higher yields make non-yielding assets like gold comparatively less attractive to investors, and that dynamic has been the main driver behind the past two days of softer prices in both the international and local markets. Silver, by contrast, edged slightly higher, with the local rate ticking up by about Rs43 per tola despite gold’s decline, reflecting silver’s somewhat different industrial-demand dynamics.
Here is the full rate breakdown for today, covering all common gold purities alongside silver and the international benchmark:
| Metal / Purity | Per Tola | Per 10 Grams |
|---|---|---|
| Gold 24K | Rs447,700 | Rs383,840 |
| Gold 22K | Rs410,392 | Rs351,853 |
| Gold 21K | Rs391,738 | Rs335,860 |
| Gold 18K | Rs335,775 | Rs287,880 |
| Silver (999 fine) | Rs6,767 | Rs5,808 |
| International Gold (per ounce, USD) | $4,284 | |
Jewelers in Karachi, Lahore, and other major cities generally follow the Sarafa Association’s notified rate, though small city-to-city variations of a few hundred rupees are common depending on local demand and making charges. Buyers planning a purchase should confirm the same-day rate with their local jeweler, since bullion prices can shift more than once during a single trading session when international markets are volatile.
