Gold Prices Surge in Pakistan and India as Global Bullion Rises

Pakistan gold price India gold demand global bullion central bank gold purchases World Gold Council

On July 30 2026 Pakistan’s 24‑karat gold price rose to Rs 427,436 per tola, while the price for 10 g of gold increased to Rs 366,457. Similar gains were recorded in the domestic market, with 22‑karat gold trading around Rs 393,353 per tola and silver also edging higher. The rally mirrored a rise in the international bullion market, where spot gold climbed by $10 per ounce to $4,050.

In India, total gold demand fell 6 % year‑on‑year to 131.4 tonnes in the April‑June quarter, with jewellery demand dropping 15 % to 75.1 tonnes. Prime Minister Narendra Modi urged citizens to curb non‑essential gold purchases, especially for weddings, for a year. Indian gold prices hovered near $4,080 per ounce, with market analysts noting the influence of the US Federal Reserve’s decision to keep rates unchanged.

Central banks globally net‑purchased a record 288.9 tonnes of gold in Q2 2026, a 62 % increase over the same period in 2025. The National Bank of Poland led the buying with 51 tonnes, while the People’s Bank of China added significant purchases. These institutional accumulations underscore ongoing safe‑haven demand amid geopolitical tensions and inflation concerns.

Entities

Central Bank of Poland · Dubai · Gold · Hyderabad · India · Narendra Modi · National Bank of Poland · Pakistan · People’s Bank of China · Prime Minister Narendra Modi · Reserve Bank of India · U.S. Federal Reserve

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] India seized 160.91 kg of smuggled gold between May 13 and June 30 2026 following a duty hike.
[○ 1 SOURCE] Dubai’s 24‑karat gold price fell to AED 487.5 per gram after the U.S. Fed kept rates unchanged. www.khaleejtimes.com
[● 3 SOURCES] India’s jewellery gold demand fell 15 % YoY to 75.1 tonnes in the same quarter. bhaskarlive.in · tennews.in · www.socialnews.xyz
[● 3 SOURCES] India's total gold demand fell 6 % YoY to 131.4 tonnes in the April‑June 2026 quarter. bhaskarlive.in · tennews.in · www.socialnews.xyz
[● 2 SOURCES] Pakistan’s 24‑karat gold price rose to Rs 427,436 per tola on July 30 2026. theneutral.pk · dailytimes.com.pk
[● 2 SOURCES] The price of 10 grams of gold in Pakistan rose Rs 857 to Rs 366,457 on July 30 2026. theneutral.pk · dailytimes.com.pk
[○ 1 SOURCE] Central banks net‑purchased 288.9 tonnes of gold in Q2 2026, a 62 % increase over Q2 2025. news.bitcoin.com
[● 3 SOURCES] Global spot gold price increased by $10 per ounce to about $4,050 on July 30 2026. theneutral.pk · dailytimes.com.pk · theshillongtimes.com
[● 2 SOURCES] Pakistan's 10‑gram gold price rose to Rs 366,457 on July 30 2026. theneutral.pk · dailytimes.com.pk
[○ 1 SOURCE] The National Bank of Poland purchased 51 tonnes of gold in Q2 2026. news.bitcoin.com
[● 3 SOURCES] India's jewellery gold demand fell 15 % YoY to 75.1 tonnes in the April‑June 2026 quarter. bhaskarlive.in · tennews.in · www.socialnews.xyz
[● 3 SOURCES] Prime Minister Narendra Modi urged citizens not to buy gold for weddings for one year in May 2026. bhaskarlive.in · tennews.in · www.socialnews.xyz