Gold prices in Pakistan remained largely unchanged on Monday, reflecting a quiet start to the week in the global bullion market. Investors and jewellers are observing a consolidation phase as international gold steadies after recent fluctuations.
Purity
Per Tola (11.67 g)
Per 10 Grams
Per Gram
Per Ounce
24K Gold
PKR 437,600
PKR 375,180
PKR 37,518
PKR 1,063,368
22K Gold
PKR 401,133
PKR 343,915
PKR 34,391.5
PKR 974,754
21K Gold
PKR 382,900
PKR 328,282.5
PKR 32,828.25
PKR 930,447
18K Gold
PKR 328,200
PKR 281,385
PKR 28,138.5
PKR 797,526
💰 24K gold closed flat at PKR 437,600 per tola, holding firm as buyers and traders await clearer global direction.
🌍 Global Market Overview
Internationally, gold prices hovered around $4,035 per ounce, marking a relatively calm trading session after a volatile previous week.
The U.S. dollar strengthened slightly, keeping gold in check, while geopolitical concerns in Europe and the Middle East continue to offer underlying support.
Analysts note that central bank gold buying and inflation resilience remain long-term bullish factors, though short-term movement depends on upcoming U.S. economic data.
Investors are now watching for Federal Reserve meeting minutes, expected later this week, which could indicate the timing of future rate cuts.
🇵🇰 Domestic Market Insights
The Pakistani Rupee maintained stability around PKR 283.40 per USD, keeping gold prices in check for the second consecutive day.
Retail activity remains steady across major cities, particularly Karachi, Lahore, and Islamabad, where wedding-season buying continues to support local demand.
Some jewellers report light trading volume, citing buyer hesitation amid elevated prices and hopes for a short-term dip.
Investors continue to view gold as a hedge against inflation and rupee weakness, sustaining consistent background demand.
💡 Market Sentiment & Forecast
Buyers: Stable rates may appeal to those planning long-term purchases before potential global rate movements.
Sellers/Investors: Current price levels are favourable for partial profit-taking, especially if international prices rebound later this week.
Analysts’ View: The near-term outlook remains neutral, with support around PKR 435,000 per tola and resistance near PKR 440,000. If global gold surpasses $4,050, a renewed local rally could follow.
🔍 Key Market Factors to Watch
U.S. inflation & Fed commentary – potential to trigger mid-week volatility.
USD/PKR trend – stability will help keep domestic rates steady.
Local demand cycle – continued wedding-related buying likely to limit downside risk.
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