Gold edged higher again in Pakistan on Friday, with 24-karat gold trading at Rs435,500 per tola in the local Sarafa market, as the All Pakistan Sarafa Gems and Jewellers Association (APGJSA) rate held near its best level in weeks after international bullion extended this week’s sharp rally, according to Business Recorder and The Nation.
The local rate is up roughly Rs9,600 from Thursday’s confirmed close of Rs435,636 (per-tola, after a 10-gram gain of Rs8,230 to Rs373,487), which itself followed a hefty Rs13,900 jump the previous session, taking the metal to within striking distance of its recent record levels. Silver also firmed alongside gold, rising Rs100 to Rs5,763 per tola, Business Recorder and The Nation reported, both citing the APGJSA’s own rate sheet.
The move tracks a continued rally in the international bullion market, where spot gold rose $96 to trade around $4,131 per ounce, according to the same reports. The rally traces back to Wednesday’s post-election trading, when gold jumped roughly 2.2% after Democrats made gains in the November 3 US midterm elections, a result markets read as a check on the Trump administration. A weaker US dollar and a sharp decline in US Treasury yields in the aftermath gave bullion a lift, with analysts at the time flagging increased demand for gold as a hedge against political uncertainty in Washington; that dollar-weakness dynamic has continued to underpin prices into Friday’s session.
Not every tracker agreed on the exact figure this morning: live-rate feeds including PakGold.net and the Karachi board-rate quote on Investify.pk showed somewhat lower readings, in the Rs429,000–434,000 per tola range, at the time of writing. This report follows the figure confirmed by multiple news outlets citing the APGJSA’s own announced rate, which lines up closely with the day’s gain in the international price. As always, buyers should confirm the live rate with their local sarafa dealer or jeweller before any purchase, since rates can move during the trading session.
For comparison, Thursday’s rate update had 24K gold at Rs426,036 per tola before the latest jump.
| Metal / Karat | Per Tola (Rs) | Per 10 Grams (Rs) |
|---|---|---|
| 24K Gold | 435,500 | 373,400 |
| 22K Gold | 399,208 | 342,320 |
| 21K Gold | 381,063 | 326,730 |
| 18K Gold | 326,625 | 280,110 |
| Silver | 5,763 | 4,940 |
| International Gold (per troy ounce, USD) | $4,131 | |
