The gold rate in Pakistan today is an important topic for jewellery buyers, families planning weddings, and people following the precious metals market. On Thursday, October 29, 2026, the reported price of 24-karat gold remained unchanged at Rs 425,636 per tola, while 10 grams of 24K gold were priced at Rs 364,914, according to market figures reported by Business Recorder and attributed to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Gold prices can vary between market reports because of update times, quoted benchmarks, and local trading conditions. Anyone planning to buy or sell gold should confirm the latest rate with a reputable jeweller before making a transaction. This guide explains the reported prices, the difference between gold purities, the factors that influence rates, and what buyers should know before visiting a jewellery shop.
The gold rate in Pakistan today may vary between local jewellery shops and market reports. Buyers should confirm the latest rate before purchasing gold, especially when comparing 24K and 22K prices.
The gold rate in Pakistan today is an important reference for people planning to buy gold coins, bars, or jewellery. However, the final price may differ depending on the seller, location, and additional charges.
Gold Rate in Pakistan Today: October 29, 2026
According to a report published by Business Recorder on October 29, 2026, the local market’s reported 24K gold price remained unchanged during the day.
Here are the key reported figures:
| Gold type | Reported price |
|---|---|
| 24K gold per tola | Rs 425,636 |
| 24K gold per 10 grams | Rs 364,914 |
| 22K gold per 10 grams | Rs 334,516 |
The 24K prices and the 22K figure are based on market reporting from October 29. The 22K figure was reported separately by Mettis Global. Actual shop quotations may differ, so confirm the relevant purity, weight, and current selling price before purchasing.
Sources: Business Recorder’s gold market report and Mettis Global’s gold price update.
What Does 24K Gold Mean?
Gold purity is commonly measured in karats. The karat number indicates how much gold is present in a material compared with other metals.
24K gold is considered nearly pure gold. It is widely used for bullion, investment bars, and certain coins. Because it is relatively soft, it is generally less suitable for jewellery that must withstand frequent wear.
22K gold contains approximately 91.7% gold, with the remaining portion made up of other metals. This composition is commonly used for jewellery because it offers a balance between gold content and durability.
21K gold contains 87.5% gold, while 18K gold contains 75% gold. These lower-purity options can be used for different jewellery styles and designs.
When comparing prices, always make sure you are comparing the same purity and weight. A 22K jewellery item should not be compared directly with a 24K gold bar without accounting for the difference in gold content.
Gold Rate Per Tola and Per 10 Grams: What’s the Difference?
In Pakistan, gold is commonly priced per tola, although prices per gram and per 10 grams are also used.
One tola is approximately 11.664 grams. A 10-gram quantity therefore weighs less than one tola, which is why its price is usually lower when the purity and rate basis are the same.
For example, the reported price of 24K gold on October 29 was Rs 425,636 per tola and Rs 364,914 per 10 grams.
Understanding these units can help you compare offers from different jewellery shops. Before paying, ask the seller to specify the weight, purity, rate per unit, and any additional charges.
Why Does the Gold Rate in Pakistan Change?
Gold prices do not remain fixed throughout the year. Several international and domestic factors can influence the rate quoted in Pakistan.
1. International Gold Prices
Gold trades in international markets, where prices respond to economic data, investor demand, geopolitical developments, and expectations about interest rates.
When international gold prices rise, local rates may also increase. A decline in global prices can put downward pressure on the domestic market, although the final effect depends on other factors.
2. The US Dollar and Pakistani Rupee
International gold is commonly quoted in US dollars. The exchange rate between the dollar and the Pakistani rupee therefore plays an important role in determining the local cost of gold.
If the rupee weakens against the dollar, imported gold can become more expensive in rupee terms, even when the international gold price changes very little. A stronger rupee can have the opposite effect.
3. Local Market Conditions
Gold rates reported by market associations provide a reference for buyers and sellers. Local market conditions, dealer margins, and differences in quotation times can affect the prices consumers receive.
This is one reason why online reports may show slightly different figures on the same date.
4. Interest Rates and Economic Uncertainty
Gold is often viewed as a store of value during periods of economic uncertainty. Investor demand can increase when financial markets are volatile or confidence in other assets weakens.
Interest-rate expectations can also influence gold demand because gold does not pay interest. When returns on interest-bearing assets become more attractive, some investors may reduce their gold holdings.
These relationships are not automatic, and gold prices can move in either direction as market expectations change.
Gold prices can influence household budgets, jewellery purchases, and investment decisions in Pakistan. For more market updates and business news, visit the NuvWire Business section to explore related developments.
Factors Affecting Gold Prices in Pakistan
The gold rate in Pakistan changes due to several local and international factors. Understanding these factors can help buyers make more informed decisions.
1. International Gold Prices
Gold is traded globally, so changes in international gold prices can directly affect local rates in Pakistan.
2. US Dollar and Pakistani Rupee
Gold prices in Pakistan are influenced by the exchange rate. When the Pakistani rupee weakens against the US dollar, imported gold can become more expensive.
3. Local Market Demand
Demand for gold jewellery often increases during wedding seasons and festivals. Local demand, supply conditions, and market pricing practices can influence the rates offered by jewellers.
4. Economic Uncertainty
During periods of economic uncertainty, some investors turn to gold as a store of value. Changes in investor demand can affect international gold prices.
5. Interest Rates and Inflation
Interest-rate expectations and inflation concerns can influence investor demand for gold. However, these factors do not always move gold prices in the same direction.
Changes in international gold prices and the rupee-dollar exchange rate can influence the gold rate in Pakistan today.
Keeping an eye on the gold rate in Pakistan today can help buyers understand market movements. Still, international prices and currency exchange rates can change, so always check the latest available market update.
Is Today a Good Time to Buy Gold in Pakistan?
Whether today is a suitable time to buy gold depends on your purpose, budget, and financial circumstances.
For someone purchasing jewellery for a wedding or family occasion, the most important considerations may be the required design, total cost, quality, and reliability of the seller.
For someone considering gold as a long-term investment, it is worth understanding that prices can fluctuate significantly. Buying after a price increase does not guarantee further gains, and a lower price does not necessarily mean the market has reached its bottom.
Before making a decision, consider these practical steps:
- Compare the latest quoted rates from more than one reputable jeweller.
- Confirm the gold’s purity and weight.
- Ask for a clear breakdown of the price and additional charges.
- Request a receipt that records the item’s weight, purity, and purchase price.
- Avoid borrowing money or committing essential household savings solely because you expect gold prices to rise.
Gold can form part of a broader savings strategy, but it should not be treated as a guaranteed source of profit.
Jewellery Making Charges and Other Costs
The market rate is not necessarily the final price you will pay at a jewellery shop.
Jewellery prices may include making charges, design costs, wastage allowances, brand premiums, and other applicable fees. These charges vary according to the item, its craftsmanship, and the seller’s pricing policy.
For instance, two necklaces with the same gold purity and weight may have different final prices if one requires more intricate workmanship.
When purchasing jewellery, ask for an itemised bill showing the gold value and additional charges separately. This makes it easier to compare offers and understand what you are paying for.
Also ask about the shop’s buyback or exchange policy. The amount a jeweller offers when buying gold back may differ from the original purchase price, particularly when making charges are not recoverable.
When checking the gold rate in Pakistan today, remember that the final jewellery price may include making charges, wastage costs, and applicable taxes. Ask the jeweller for a complete price breakdown before making a purchase.
When comparing the gold rate in Pakistan today, ask the jeweller to separate the gold price from making charges and any applicable taxes. This makes it easier to compare the total cost between different shops.
Gold Buying Tips for Pakistani Consumers
Buying gold is a significant expense for many households. A few simple precautions can help you make a more informed purchase.
Before buying, compare the gold rate in Pakistan today at more than one reputable jewellery shop.
Check the current market rate. Online prices are useful references, but make sure the report is dated and that its update time is clear.
Verify purity. Ask whether the item is 24K, 22K, 21K, or 18K, and request documentation where appropriate.
Check the weight. Confirm the weight recorded on the scale and the unit used in the quotation.
Understand the total cost. Ask about making charges, other fees, and any deductions that could apply if you sell the item later.
Keep your receipt. A detailed purchase receipt can help with future resale, exchange, and verification.
Avoid rushed decisions. A sudden price movement or a prediction about future prices is not enough on its own to justify a purchase.
Before making a purchase, compare the gold rate in Pakistan today with rates from reputable local jewellers. Confirm the gold purity, weight, receipt details, and any extra charges before paying.
Frequently Asked Questions
1. What is the gold rate in Pakistan today?
On October 29, 2026, Business Recorder reported 24K gold at Rs 425,636 per tola and Rs 364,914 per 10 grams, with no change during the day. Check the latest market quotation before buying.
2. What is the difference between 24K and 22K gold?
24K gold is nearly pure gold, while 22K gold contains approximately 91.7% gold. The remaining metals in 22K gold can make it more suitable for certain jewellery designs.
3. Why do gold prices differ between websites?
Reports may use different update times, market references, or quotation methods. Some websites update their figures more frequently than others. Always check the date, time, source, purity, and weight unit.
4. Is the online gold rate the final jewellery price?
No. Jewellery shops may add making charges, design fees, and other applicable costs. The final price depends on the item and the seller’s terms.
5. Is gold a risk-free investment?
No. Gold prices can rise or fall, and buyers may incur costs when purchasing or selling. Anyone considering gold for investment should understand these risks and avoid relying on guaranteed-return claims.
6. How can I check the latest gold rate in Pakistan?
Check recent market reports from reputable financial news outlets, including Business Recorder and Mettis Global. Compare the published figures with a current quotation from a reputable local jeweller.
Checking the gold rate in Pakistan today alongside local shop prices can help buyers make a more informed decision.
Final Thoughts
The gold rate in Pakistan today remained unchanged at the reported 24K price of Rs 425,636 per tola on October 29, 2026, according to Business Recorder’s market report. However, gold prices can vary by source and update time, and jewellery buyers may pay additional charges beyond the quoted market rate.
Whether you are buying gold for a wedding, a gift, or long-term savings, the best approach is to verify the current price, understand the purity and weight, and compare the total cost before making a decision.
For readers following Pakistan’s markets, keeping up with reliable financial reporting can help put daily price movements into context.
Disclaimer: This article is for general informational purposes only. Gold prices are subject to change, and the figures above reflect published market reporting for October 29, 2026, rather than a guaranteed live quotation or investment recommendation.
