Gold price in Pakistan crosses Rs500,000: April 8, 2026
ToS:
Islamabad:
The price of gold in Pakistan has jumped again after a one-day break, with the price per tola once again crossing the Rs500,000 milestone.
According to dealers, gold and silver prices have climbed steeply after the Iran-US-Israel war stopped.
The price of 24-karat gold per tola in Pakistan has surged by a massive Rs15,700, reaching Rs504,162 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association.
Similarly, the price of 10 grams of 24-karat gold increased by Rs13,460, taking it to Rs432,237. Also, the price of 10 grammes of 22-karat gold saw a hike of Rs12,339 to be sold for Rs396,231.
In the international market, the price of gold per ounce has hiked by $157 to reach $4,814 per ounce.
Gold prices in the global markets climbed to a near three-week high on Wednesday as markets reassessed near-term risks after US President Donald Trump agreed to suspend bombing and attacks on Iran for two weeks, easing fears of energy-driven inflation.
Spot gold was up 2.5% at $4,819.25 per ounce, as of 0534 GMT. Earlier in the session, bullion rose more than 3% to its highest level since March 19.
US gold futures for June delivery gained 3.5% to $4,847.70.
Trump said Washington had agreed to a two-week pause in attacks and received a 10-point proposal from Iran what he described as a workable basis for negotiations.
His comments followed earlier warnings that Tehran must reopen the Strait of Hormuz or risk US retaliation on its civilian infrastructure.
