KARACHI – Gold holds firm after Rs3,000 drop, silver plunges by Rs212; global bullion movement and rupee-dollar trends remain in focus
Pakistan’s gold market is keeping buyers on edge as prices remain close to Rs438,000 per tola, with the latest reported rates showing little movement despite recent volatility in the domestic and international bullion markets.
Gold Prices in Pakistan
| Gold and Silver | Price |
| 24K gold per tola | Rs437,836 |
| 24K gold per 10 grams | Rs375,373 |
| International gold per ounce | $4,153 |
| Silver per tola | Rs6,148 |
| Daily change in gold per tola | No change |
| Daily change in silver per tola | Down Rs212 |
While gold prices remained unchanged, silver moved lower, falling Rs212 per tola to Rs6,148. The contrasting movements underline the different price dynamics affecting precious metals in the domestic market.
International gold prices have been moving within a narrow range of approximately $4,145 to $4,160 per troy ounce. The metal has staged a modest recovery after testing support levels seen over several weeks, but the recent rebound has yet to produce a decisive move beyond its current trading band.
With the international benchmark holding around $4,153 per ounce, Pakistan’s bullion market has also shown limited movement in the latest session.
Indicative October estimates place 24-karat gold at approximately Rs432,500 per tola in major bullion centres, including Karachi, Lahore, Islamabad and Peshawar. The corresponding estimated rates are Rs370,810 for 10 grams of 24-karat gold, Rs396,458 per tola for 22-karat gold and Rs339,909 for 10 grams of 22-karat gold.
These indicative estimates differ from the latest APGJSA-reported rate of Rs437,836 per tola, highlighting the importance of checking the reporting date and source before comparing prices.
During October, the broader market has been described as trading between Rs426,000 and Rs437,000 per tola. Gold approached Rs436,500–Rs437,000 earlier in the month before easing toward Rs431,000–Rs433,000 around mid-month.
Pakistan’s gold market has undergone substantial price adjustments since the beginning of 2026. During January and February, reported prices reached approximately Rs508,000–Rs526,000 per tola or higher, amid exceptionally strong international bullion prices and heightened demand for protection against currency risks.
Between April and June, domestic rates retreated to an estimated Rs458,000–Rs486,000 per tola as international gold prices corrected from their earlier highs.
By October, indicative domestic rates had moved into the Rs430,000–Rs435,000 range, while the latest reported daily quotation stood at Rs437,836 per tola.
Gold Price in Pakistan today falls to Rs4.37 Lac per Tola; New Rates List
