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Markets Print edition: 2026-10-29

Gold prices post sharp gains

Published Updated

KARACHI: Gold prices soared significantly on Wednesday with the world bullion market posting gains, traders said.

The value of the yellow metal grew by Rs3,500 to Rs425, 636 per tola and Rs3,001 to Rs364, 914 per 10 grams, All Pakistan Sarafa Gems and Jewellers Association said.

Global market saw a rise in the gold bullion prices by USD35, settling at USD4,031 per ounce while silver gained USD1 to trade at USD54 per ounce.

Domestic silver market rose by Rs61 and Rs52, reaching Rs5,854 per tola and Rs5,018 per 10 grams, respectively, accordingly to the association.

It is important to understand that the open market may sell gold and silver at different prices as compared to those established in line with the interbank exchange rates by the association.

Copyright Business Recorder, 2026

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