Gold Rate in Pakistan Today: Rs423,436 Per Tola as Prices Rise Rs1,400 on October 27

Photo: Daily Pakistan

The gold rate in Pakistan today stands at Rs423,436 per tola for 24-karat gold, up Rs1,400 from the last session, as prices bounced back on Monday 27 October 2026 after a week of falls.

Main News Report

Business Recorder reports that gold gained Rs1,400 per tola and Rs1,201 per 10 grams on the first working day of the week, settling at Rs423,436 per tola and Rs363,028 per 10 grams. The figures come from the All Pakistan Sarafa Gems and Jewellers Association, the body whose daily rates set the reference for sarafa markets across the country.

Silver moved up too, though by far less. It rose Rs20 per tola to Rs5,878, with 10 grams at Rs5,039. In the world market, gold picked up $14 an ounce to reach $4,009, while silver added $0.20 to trade at $54 an ounce.

The full set of today's rates, as reported, looks like this:

• 24-karat gold: Rs423,436 per tola (up Rs1,400); Rs363,028 per 10 grams (up Rs1,201).
• 22-karat gold: Rs388,150 per tola.
• 21-karat gold: Rs370,507 per tola.
• 18-karat gold: Rs317,577 per tola.
• Silver: Rs5,878 per tola (up Rs20); Rs5,039 per 10 grams.

Business Recorder notes that shops in the open market may quote slightly different prices from the association's rates, since those rates are set against interbank exchange rates. It pays to check with your local jeweller before you buy.

Background Context

Today's rise breaks a run of falls that had dragged gold down for days. Daily Pakistan's month-long record shows the slide in plain numbers: gold stood at Rs442,036 per tola on 10 October, then dropped session after session to Rs422,036 by 24 October. That is a fall of Rs20,000 from the month's peak, with Rs17,000 of it coming in just five straight trading sessions.

Put next to today, the picture is clear:

• 10 October: Rs442,036 per tola (month's peak).
• 24 October: Rs422,036 per tola (after the slide).
• 27 October: Rs423,436 per tola (today's recovery, up Rs1,400).

Even after today's gain, gold is still about Rs18,600 below where it stood on 10 October. Buyers who waited through the slide are getting a better price than they would have two weeks ago, but the metal has not won back most of what it lost.

The timing matters for household budgets. Gold and fuel are the two prices most families watch day to day. Petrol went up to Rs379.25 a litre today as well, so a rise in gold lands on top of higher transport costs for many homes.

Reactions and Statements

Traders in Karachi told Business Recorder the world market gave local prices their lift, with the $14 rise in the global rate helping gold regain ground after a week-long downturn.

No fresh statement has come from the sarafa association beyond its daily rates, and jewellers' groups have not yet said whether they expect the recovery to hold. For now, the market's own numbers are doing the talking: one strong session after five weak ones.

Why This News Matters

Gold is not just an ornament in Pakistan. For many families it is savings you can hold in your hand, and for jewellers and traders it is the day's main business. A Rs1,400 jump in a single session changes what a wedding set costs and what an old bangle fetches when sold.

What this means for you, in plain terms: if you are buying, today's rate is Rs423,436 per tola for pure 24-karat gold, and lower karats cost less because they mix in other metals, 22-karat at Rs388,150 and 21-karat at Rs370,507 per tola. If you are selling old gold, shops will pay based on weight and purity, then take off making charges and their own margin, so the cash in hand will be less than the headline rate. And if you are simply holding gold as savings, today is a small step back up after a sharp slide, not yet a full recovery.

The wider economy plays a part too. Gold moves with the world price in dollars and with the rupee's value, so a weaker rupee pushes the local price up even when the world price stands still. That link is one reason the State Bank's move to a 12% policy rate is being watched by the same traders who watch gold: interest rates, the rupee and gold all pull on each other.

Future Developments

Two dates will shape where gold goes next. The US Federal Reserve announces its next decision on 28 October, and any surprise there tends to move the world gold price within hours, and Pakistan's rate the next morning. Back home, the next association rate will show whether today's gain was the start of a real recovery or just a one-day bounce.

Wedding-season buying, which picks up in the winter months, will also test demand. If buyers return in numbers, jewellers say retail demand could firm up prices further; if they stay away after the recent falls, the slide could resume. Watch the morning rate, not yesterday's, before any purchase, that is the standard advice in the sarafa market, and it holds true this week more than most.

For readers tracking Pakistan's economy alongside gold, the government's push for $5.5 billion in IT exports this year is another number worth following, as stronger exports would ease pressure on the rupee, and, in turn, on gold prices.

Sources

• Business Recorder, Gold prices rise by Rs1400 per tola
• Daily Pakistan, Gold Price Today in Pakistan: Latest Per Tola, 10 Gram Rates, 27 October 2026

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