This week, gold prices in Pakistan drifted lower. 24-karat gold closed the week at Rs 439,036 per tola, down roughly Rs 3,000 compared with the start of the week. Prices rose mid-week to about Rs 440,636 before easing in the second half, tracking a pullback in the international market after recent highs.
Gold Rate in Pakistan – 18 October 2026
| Gold Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) | Per Ounce (PKR) |
|---|---|---|---|---|
| 24K Gold | 439,036 | 376,420 | 37,642 | 1,170,900 |
| 22K Gold | 402,450 | 345,052 | 34,505 | 1,073,200 |
| 21K Gold | 384,157 | 329,367 | 32,937 | 1,024,400 |
| 18K Gold | 329,277 | 282,315 | 28,232 | 878,100 |
This Week at a Glance
- Weekly direction: Down about Rs 3,000 per tola (24K)
- Mid-week high: around Rs 440,636 per tola
- Week close: Rs 439,036 per tola
Market Overview
International gold eased this week as the recent rally cooled and the US dollar steadied. In Pakistan, the local rate is driven by the global price and the USD/PKR exchange rate, so the softer international tone pulled the local tola rate down despite steady domestic demand across Karachi, Lahore, Islamabad, Multan and Faisalabad.
Why Gold Moved This Week
- Global pullback: International gold retreated from recent highs on profit-taking.
- Steady rupee: A relatively stable USD/PKR limited imported price pressure.
- Local demand: Wedding-season and investment buying kept a floor under prices.
Outlook
Gold is likely to stay volatile within a narrow band next week, taking its cue from international moves and the rupee. Buyers waiting for a dip may find the current easing worth watching, while long-term investors continue to treat gold as a hedge against inflation.
Disclaimer: These rates are for information only, based on Sarafa Association figures; your local market rate may differ slightly. This is not financial advice.