Gold is trading at Rs429,123 per tola for 24-karat gold in Pakistan today, November 11, 2026, barely changed from Monday’s rate as the local market takes a pause after a volatile start to the week. Silver, meanwhile, has pushed noticeably higher, continuing a stronger run than gold over the past two sessions.
International bullion markets set the tone for the move. Spot gold had rallied past $4,140 an ounce on Monday, with TechJuice reporting that stalled US-Iran talks over compensation demands from Washington were fuelling fresh worries about the Strait of Hormuz and global oil supplies, pushing nervous investors toward safe-haven assets. By Tuesday morning, however, some of that risk premium had unwound, with the international rate easing back to around $4,118 to $4,121 an ounce — a pullback of roughly half a percent from Monday’s peak, even as it remains well above where it stood a week ago. The US dollar firmed only marginally against the rupee, trading close to Rs276.4-276.6, so currency movement played a minor role compared with the swing in international gold itself.
That combination left Pakistan’s local gold rate essentially flat day-on-day, while silver kept climbing. Local silver dealers quoted the metal in the Rs5,700-5,760 per tola range today, up from roughly Rs5,495 on Monday — a gain of more than 4 percent in a single session, outpacing gold by a wide margin. Analysts tracking the Karachi Sarafa market linked silver’s stronger move to the same safe-haven buying wave, noting that silver often sees sharper percentage swings than gold during bouts of geopolitical anxiety because of its smaller, thinner market.
| Metal / Karat | Per Tola | Per 10 Grams |
|---|---|---|
| 24K Gold | Rs429,123 | Rs367,910 |
| 22K Gold | Rs393,363 | Rs337,251 |
| 21K Gold | Rs375,483 | Rs321,921 |
| 18K Gold | Rs321,842 | Rs275,933 |
| Silver | Rs5,730 | Rs4,912 |
| International Gold (per ounce, USD) | $4,120 | |
| International Silver (per ounce, USD) | $53.38 | |
Rates are based on the Karachi Sarafa-aligned benchmark and can vary slightly by city and jeweller; buyers are advised to confirm the exact rate with their local dealer before a transaction. For comparison, yesterday’s gold price update had 24K at Rs428,950 per tola, meaning today’s rate is up only marginally despite the overnight volatility in international markets.
