Gold rates in Pakistan remained unchanged on Friday, reflecting stability both in local and international markets. Traders noted that the price of gold stood firm at Rs349,300 per tola, with no significant fluctuation compared to the previous day.
This steady trend was observed in major cities, including Karachi, Lahore, Islamabad, Peshawar, Quetta, and others, where both gold and silver prices remained constant. Silver was priced at Rs3,480 per tola, while the rate for 10 grams hovered around Rs2,983.
Internationally, gold was trading at $3,309 per ounce, maintaining its position amid ongoing economic uncertainty. Analysts explained that fears of inflation, slowdowns in global growth, and geopolitical tensions continue to push investors toward safer assets like gold and silver.
Read More: Gold Prices Hold Steady Across Local and Global Markets
Experts also highlighted that although official rates remain stable, actual prices in the open market might vary slightly depending on city, demand, and negotiation at the retail level.
The consistent demand for precious metals during volatile times reflects investor confidence in gold as a long-term store of value.
Gold and Silver Rates Across Pakistan
| City | Gold (per tola) | Silver (per tola) |
|---|---|---|
| Karachi | Rs349,300 | Rs3,480 |
| Lahore | Rs349,300 | Rs3,480 |
| Islamabad | Rs349,300 | Rs3,480 |
| Peshawar | Rs349,300 | Rs3,480 |
| Quetta | Rs349,300 | Rs3,480 |
| Sialkot | Rs349,300 | Rs3,480 |
| Hyderabad | Rs349,300 | Rs3,480 |
| Faisalabad | Rs349,300 | Rs3,480 |