Gold prices in Pakistan recorded a sharp increase on Thursday, November 5, 2026, with the price of 24-karat gold rising by Rs11,500 to reach Rs435,500 per tola, according to the Karachi Sarafa Board.
24K Gold Reaches Rs435,500
The price of 24-karat gold climbed to Rs435,500 per tola by 6:09pm on Thursday, compared with the previous closing rate of Rs424,000.
The latest increase represents a gain of Rs11,500 per tola, reflecting a significant upward movement in the local gold market.
Meanwhile, the price of 22-karat gold reached Rs399,208 per tola, providing buyers with another benchmark for the precious metal.
Gold Rates Per 10 Grams
According to the latest market figures, the price of 24-karat gold stood at Rs373,377 per 10 grams.
The difference in prices between 24-karat and 22-karat gold reflects their purity levels, with 24-karat gold containing a higher proportion of pure gold.
These rates serve as a reference for consumers, jewellery buyers and traders, although the final price of jewellery may vary depending on making charges and other costs.
Gold, Silver Prices Fall in Global and Local Markets
International Gold Price
In the international market, spot gold was trading at $4,112.90 per ounce.
Global gold prices are an important factor influencing local rates in Pakistan, alongside the rupee-dollar exchange rate and domestic market conditions.
Buyers Face Higher Costs
The latest increase could make gold purchases more expensive for consumers, particularly those planning to buy jewellery for weddings and other occasions.
Gold prices in Pakistan can change in response to international market movements, currency fluctuations and local supply and demand.
Buyers are advised to confirm the latest rates with local jewellers before making a purchase, as prices may change during trading hours.
