Gold prices in Pakistan were reported at around Rs413,800 per tola for 24-karat gold on Wednesday, November 4, 2026, according to several local rate trackers. However, figures published by different market sources varied, with one report citing the All Pakistan Sarafa Gems and Jewellers Association listing Rs412,136 per tola, highlighting the need for buyers to confirm the latest rate with local jewellers before making a transaction.
The reported 24K rate of Rs413,800 reflects prices shown by Hamariweb and Gold.org.pk on November 4. Hamariweb also listed 24-karat gold at Rs354,770 per 10 grams, while its displayed 22-karat rate stood at Rs379,418 per tola. Gold.org.pk separately showed Rs413,800 as its latest recorded 24K per-tola reference for the date.
A report published by The News on November 4 presented a different figure. Citing the All Pakistan Sarafa Gems and Jewellers Association, it said 24-karat gold remained unchanged at Rs412,136 per tola, while the 10-gram rate stood at Rs353,340. The report described the local market as stable and said international gold had closed flat at $3,896 per ounce.
Buyers should therefore treat online prices as indicative and check the current quotation from a recognised Sarafa market or jeweller. Rates can change during trading hours as international bullion prices and currency movements feed into local pricing.
Gold Rates by Purity
24-karat gold is considered nearly pure, while 22-karat gold contains a higher proportion of other metals and is commonly used in jewellery. The price of each category differs according to its gold content.
Based on the figures displayed by Hamariweb on November 4, the rates were:
- 24K gold: Rs413,800 per tola
- 24K gold: Rs354,770 per 10 grams
- 22K gold: Rs379,418 per tola
- 21K gold: Rs362,171 per tola
These figures are market references, not guaranteed retail prices. The final amount charged by a jeweller may also include making charges, wastage, taxes where applicable. The price offered when selling old jewellery may be lower than the quoted buying rate, depending on purity, condition and deductions.
What Influences Gold Prices in Pakistan?
Local gold prices are influenced by international bullion rates, the value of the Pakistani rupee against the US dollar and domestic supply and demand. Import-related costs and premiums in the local market can also affect the rate available to buyers.
When international gold prices rise, local rates may increase, although the extent of the movement also depends on currency changes and market conditions. A stronger rupee can partly offset an increase in the international price, while a weaker rupee can add pressure to domestic rates.
Because the purchase involves a substantial amount of money, even a small change in the per-tola rate can affect household budgets and buying decisions.
What Buyers Should Check
They should ask for a written breakdown showing the gold price, making charges and any other applicable costs. Buyers selling jewellery should also ask how purity is tested and what deductions will apply.
Rates may differ between cities and individual shops, even when they follow a common market benchmark. A quoted online price should not be treated as a final bill or a promise that a shop will trade at exactly that level.
The November 4 figures show why checking more than one reliable source is important. With published rates differing, customers should verify the latest association-linked quotation before completing a purchase.
