KARACHI – Gold Prices in Pakistan witnessed losses on Tuesday, as a decline in the international bullion market pushed the local rate down by Rs3,600 per tola, taking the price of 24-karat gold to Rs4.35Lac.
Gold and Silver Prices in Pakistan on October 20, 2026
| Metal | Weight | Price |
| 24-karat gold | 1 tola | Rs435,436 (Rs4.35 lac) |
| 24-karat gold | 10 grams | Rs373,316 |
| Silver | 1 tola | Rs6,234 |
| International gold | 1 ounce | $4,129 |
In international market, gold prices declined by $36 per ounce to $4,129 amid continued pressure on bullion prices. The movement in global rates has been a major factor behind recent changes in Pakistan’s gold market, where domestic prices are also influenced by the rupee-dollar exchange rate.
Silver prices, meanwhile, remained stable at Rs6,234 per tola.
Gold Price Trends
Gold experienced substantial volatility in Pakistan throughout 2026, with prices falling considerably from their peak earlier in the year. The metal reached a reported yearly high of Rs616,790 per tola on February 6. By July, the price had fallen to a reported low of Rs421,713, marking a significant correction in the domestic bullion market.
At Rs435,436 per tola on October 20, gold was Rs181,354 below its February peak, representing a decline of approximately 29.4%.
| Month | Monthly low | Monthly high | Average price |
|---|---|---|---|
| February | Rs508,105 | Rs616,790 | Rs526,263 |
| March | Rs470,655 | Rs541,000 | Rs505,612 |
| April | Rs469,650 | Rs496,180 | Rs486,136 |
| May | Rs458,000 | Rs480,240 | Rs468,163 |
| June | Rs423,370 | Rs460,485 | Rs442,359 |
| July | Rs421,713 | Rs438,500 | Rs428,595 |
| August | Rs425,500 | Rs480,566 | Rs454,203 |
| September | Rs433,692 | Rs459,540 | Rs447,320 |
| October, | Rs426,520 | Rs436,884 | Rs430,957 |
Gold Rates down 30% from 2026 Peak as Pakistan Market faces volatility
