Gold prices in Pakistan climbed on Friday, October 16, 2026, as international bullion rates moved higher. The price of 24-karat gold increased by Rs2,800 per tola, reaching Rs440,636, while silver prices also surged to a new record in the local market.
According to market figures reported on Friday, the price of 10 grams of gold rose by Rs2,401 to Rs377,774. The increase reflects the latest movement in international precious metal prices, which play a major role in determining gold rates in Pakistan.
In the international market, gold prices climbed to around $4,181 per ounce, gaining approximately $28. The upward movement in global bullion prices contributed to the increase in domestic gold rates.
Silver Prices Reach a New Record
Silver prices also recorded a significant increase in Pakistan. The price of silver rose by Rs108 per tola to reach Rs6,256, marking a new record according to the reported market figures.
The rise in both gold and silver prices is important for jewellery buyers, investors and traders monitoring precious metal markets. Higher rates may increase the cost of purchasing jewellery and affect people planning to buy or sell gold and silver.
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Latest Gold and Silver Rates in Pakistan
The reported precious metal prices for October 16, 2026, are listed below:
| Precious Metal | Price | Daily Increase |
|---|---|---|
| 24-karat gold (per tola) | Rs440,636 | Rs2,800 |
| Gold (10 grams) | Rs377,774 | Rs2,401 |
| Silver (per tola) | Rs6,256 | Rs108 |
| International gold (per ounce) | $4,181 | $28 |
Gold and silver rates can fluctuate in response to international market movements, currency exchange rates and local market conditions. Buyers should confirm the latest prices with a recognised bullion dealer before making a transaction.
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