Gold rebounds in Pakistan, jumps Rs2,400 per tola

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MG News | November 02, 2026 at 02:45 PM GMT+05:00

November 02, 2026 (MLN): Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs412,136 per tola, up Rs2,400.

Similarly, 24-karat gold per 10-gram was sold at Rs353,340 after an increase of Rs2,058, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).

The price of 22-karat gold was also quoted higher at Rs323,906 per 10-gram.

Similarly, silver prices rose in the domestic market, with 24-karat silver being sold at Rs5,488 per tola (+Rs100) and Rs4,705 per 10-gram (+Rs86).

Globally, spot gold traded near $3,998 an ounce, up 0.61% from the previous session, recovering after Friday’s sharp 3.5% plunge as easing oil prices on Iran diplomacy hopes reduced inflation worries, while investors weighed calls from three Federal Reserve officials for further rate hikes and awaited the US midterm elections on November 3.

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