Gold Prices in Pakistan Today – 24K, 22K an 18K rates on 7 May 2026
Why this matters: local context for readers following news across Pakistan and the region.
KARACHI – Gold prices in Pakistan stand at Rs488,962 per tola (24-Karat) on Thursday with experts predicting fluctuations in today’s trading session amid ongoing tensions between the US and Iran. The rate for 10 grams stands at Rs419,206 as it recorded an increase of Rs9,517 in previous session on May 7, 2026. Gold Prices Unit Price Gold Per Tola Rs488,962 Gold 10 Grams Rs419,206 Gold Per Ounce $4,666 Silver Per Tola Rs8,072 Gold is trading at $4,666 per ounce, showing an increase in global prices that are expected to influence domestic rates. 22 and 21 Karat Gold Rates Meanwhile, 22-karat gold is priced at Rs438,622 per tola, while 21-karat gold costs Rs418,668 per tola, and 18-karat gold is available at Rs358,875 per tola. Silver Prices Meanwhile, silver is priced at Rs8,072 per tola after witnessing an increase of Rs223 in previous sessions. It is recalled that gold began the year with strong gains but has dropped over 8% following the outbreak of conflict with Iran on February 28. As the US and Iran have reached a ceasefire agreement, experts suggest that investors could redirect investments to gold, jacking up the prices in coming days. Iran’s Supreme National Security Council announced that talks with the United States are scheduled to start on April 10 in Islamabad, following the submission of Iran’s proposal through Pakistan, while emphasizing that these discussions do not indicate the war has ended.