KARACHI, August 5, 2026: Gold prices in Pakistan recorded a sharp increase on Wednesday, with the rate of 24-karat gold rising by Rs10,000 per tola as international bullion markets witnessed a major surge amid growing geopolitical uncertainty.
According to market data, the price of 24-karat gold reached Rs437,936 per tola, compared with Rs427,936 per tola in the previous trading session on Tuesday.
The price of 10 grams of 24-karat gold also increased by Rs8,573, reaching Rs375,459, compared with Rs366,886 recorded a day earlier.
In the international bullion market, gold prices surged by $100 per ounce, reaching $4,155 per ounce.
The latest increase reversed the previous day’s decline, when gold prices had dropped following a slight correction in global bullion rates.
Gold Price Comparison: August 5 vs August 4, 2026
| Gold Type | August 5, 2026 (Wednesday) | August 4, 2026 (Tuesday) | Change |
|---|---|---|---|
| 24-Karat Gold (Per Tola) | Rs437,936 | Rs427,936 | ▲ Rs10,000 |
| 24-Karat Gold (10 Grams) | Rs375,459 | Rs366,886 | ▲ Rs8,573 |
Previous Day Gold Market Movement
Gold prices had declined in Pakistan on Tuesday, August 4, 2026, with the price of 24-karat gold falling by Rs500 per tola to Rs427,936, compared with Rs428,436 in the previous session.
The rate of 10 grams of 24-karat gold decreased by Rs428 to Rs366,886, while international gold prices slipped by $5 to $4,055 per ounce.
The latest jump indicates renewed buying interest as investors turned towards precious metals amid uncertainty in global markets.
Silver Prices Also Rise
Silver prices also recorded gains in local and international markets.
The international price of silver increased by $2.73 per ounce, reaching $61.45 per ounce.
| Silver Type | August 5, 2026 (Wednesday) | Change |
|---|---|---|
| Silver (Per Tola) | Rs6,624 | ▲ Rs273 |
| Silver (10 Grams) | Rs5,679 | ▲ Rs235 |
Market analysts attributed the increase in precious metal prices to stronger demand for safe-haven assets amid geopolitical uncertainty and mixed signals surrounding possible diplomatic developments between the United States and Iran.
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