Gold prices in Pakistan continue to reflect strong volatility in line with global bullion trends and domestic currency pressure. The latest structure of rates across different purities — from 24K to 18K — highlights a consistent upward pricing gap, showing how premium purity levels are increasingly becoming a luxury segment rather than a general household investment option.
In today’s market structure, 24K gold stands at the top tier with the highest per tola valuation, while lower purities such as 22K, 21K, 20K, and 18K follow a gradual price decline. This tiered pricing system clearly reflects consumer segmentation in Pakistan’s jewellery market, where affordability and investment preference diverge sharply.
From an economic perspective, the stability of gold demand remains strongly tied to inflation expectations, currency depreciation, and global uncertainty. Pakistani buyers continue to treat gold as a safe-haven asset, especially in periods where the rupee shows weakness against the US dollar. The consistent premium across 10-gram and per-gram rates also indicates sustained retail demand despite high prices.
Market observers note that jewellery demand is shifting more towards lower karat categories such as 21K and 18K, especially in urban centres, where affordability has become a key constraint. Meanwhile, investment-grade demand in 24K remains largely restricted to long-term investors and institutional buyers.
Overall, the current gold rate structure highlights a balancing act between affordability and inflation hedge behaviour in Pakistan’s economy.
| Gold Type | Tola | 10 Gram | Per Gram |
|---|---|---|---|
| 24K | Rs. 488,500 | Rs. 418,810 | Rs. 41,881 |
| 22K | Rs. 447,907 | Rs. 383,910 | Rs. 38,391 |
| 21K | Rs. 427,547 | Rs. 366,459 | Rs. 36,646 |
| 20K | Rs. 407,188 | Rs. 349,009 | Rs. 34,901 |
| 18K | Rs. 366,469 | Rs. 314,108 | Rs. 31,411 |

Silver Price in Pakistan – 16 May 2026