On 3 November 2026, the price of 24-karat gold in Pakistan rose to Rs 411,200 per tola, up Rs 1,200 from the previous close. The US dollar remained unchanged at Rs 277.55 in the open market, while petrol fell by Rs 3 to Rs 374.51 per litre.
The movement in these key rates reflects a mix of global commodity trends, local demand for precious metals, and the government's regular fuel-price review. Below is a detailed look at today's numbers, the forces behind them and what they mean for consumers, traders and businesses.
What Are Today's Gold and Silver Prices?
24-karat gold traded at Rs 411,200 per tola, a rise of Rs 1,200. The 22-karat rate stood at Rs 377,033 per tola, also up Rs 1,200. 21-karat gold was Rs 359,895 per tola (+Rs 1,151) and 18-karat gold Rs 308,395 per tola (+Rs 901). For smaller units, 24-karat gold per 10 grams was Rs 352,540 (+Rs 1,030). Silver held steady at Rs 5,388 per tola.
These figures apply across major Sarafa bazaars in Karachi, Lahore, Islamabad and other urban centres. The 22-karat price is the benchmark most jewellers use for crafting pieces.
How Did the US Dollar and Other Currencies Perform?
The US dollar stayed flat at Rs 277.55, indicating no immediate pressure on the rupee from the world's reserve currency. The euro edged higher by Rs 1 to Rs 309.61, while the British pound held at Rs 371.33. The Saudi riyal was quoted at Rs 74.40 with no change data, and the UAE dirham slipped by Rs 1 to Rs 75.50.
Canadian dollars fell to Rs 196.77, down Rs 6, and the Kuwaiti dinar dropped sharply to Rs 884.25, a decline of Rs 18. Australian dollars were unchanged at Rs 200.54, while the Qatari riyal and Omani rial fell by Rs 1 and Rs 2 respectively.
Remittance senders from Gulf states should note the weaker Kuwaiti dinar, as it could affect the amount received in rupees.
What Are the Current Fuel Prices?
Petrol is now Rs 374.51 per litre, down Rs 3 from the previous day. High-speed diesel (HSD) fell by Rs 8 to Rs 395.20 per litre. These modest reductions provide some relief to daily commuters, transport operators and small enterprises that rely heavily on fuel.
Diesel powers heavy trucks, agricultural equipment and standby generators, so the Rs 8 drop can translate into lower freight charges and reduced operating costs for farms and factories.
What Is the Copper Rate Today?
Copper traded at Rs 5,500 per kilogram. The metal is a key input for construction, electrical wiring and a range of manufacturing processes, making its price a barometer for industrial health.
Why Did Gold Prices Rise?
International bullion markets saw a price uptick on Tuesday, prompting Pakistani Sarafa bazaars to adjust local rates upward. The increase was amplified by strong buying interest in Lahore and Karachi, where consumers often turn to gold as a hedge against inflation. The rupee's stability against the dollar, holding at Rs 277.55, also helped keep the local gold price from falling.
Why Did Fuel Prices Drop?
Global crude oil prices softened over the past week, allowing the government's fortnightly fuel-price review to lower both petrol and diesel rates. The review process, mandated by the Ministry of Finance, uses a formula that accounts for international oil benchmarks, exchange-rate movements and a fixed tax component.
What Does a Steady Dollar Mean for the Economy?
A flat US-dollar rate suggests that the Pakistani rupee is not under immediate depreciation pressure. This stability can help contain import-related inflation, especially for essential goods such as medicine and food items that are priced in dollars.
How Do These Rates Affect Everyday Pakistanis?
For households planning to buy gold jewellery, the higher 24-karat price means a larger outlay, but the unchanged dollar rate may offset some cost pressures on imported gold. Commuters will feel a modest boost from lower fuel prices, while businesses that depend on diesel-run logistics can expect reduced transport expenses.
Industrial firms monitoring copper will note the Rs 5,500 per kilogram level as a cost input for projects ranging from building wiring to manufacturing of electronics.
What Should Readers Watch Going Forward?
Market watchers should keep an eye on three indicators: international gold spot prices, global crude-oil trends and the rupee's exchange rate against the dollar. Any shift in these variables is likely to be reflected in the next day's rates.
Consumers can use the live-price portal for real-time updates on gold, currency and fuel, ensuring they act on the most current information.
