Gold Prices in Pakistan Fall for Fifth Consecutive Day

KARACHI, October 24, 2026: Gold prices in Pakistan continued their downward trend on Saturday, marking the fifth consecutive day of declines as international bullion prices also weakened. The price of gold fell by Rs2,500 per tola, bringing the latest rate to Rs422,036, according to figures reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The decline has continued to put pressure on the domestic precious metals market, with both gold and silver recording lower prices.

Gold Rate in Pakistan Today

According to the latest market data, the price of 24-karat gold decreased across the main measurement categories on Saturday.

The latest rates are as follows:

• Gold per tola: Rs422,036, down Rs2,500.
• Gold per 10 grams: Rs361,827, down Rs2,144.
• International gold price: $3,995 per ounce, down $25.
• Silver per tola: Rs5,858, down Rs7.

The figures reflect the latest reported market rates. Actual prices may vary between cities and jewellery shops due to local market conditions and applicable charges.

Gold Prices Continue to Decline

Saturday’s decline followed a significant drop on Friday, when gold prices fell by Rs7,000 per tola to Rs424,536. The latest reduction extended the ongoing downward movement in Pakistan’s gold market.

The consecutive declines have brought prices lower over several trading sessions, attracting attention from jewellery buyers, investors and traders monitoring precious metal rates.

Gold prices in Pakistan generally respond to changes in international bullion prices, currency exchange rates and local market conditions. As a result, movements in the global market can influence domestic gold rates.

International Gold Prices Also Move Lower

Gold prices in the international market declined by $25 per ounce on Saturday, reaching $3,995. The decline coincided with the continued decrease in local gold prices.

International bullion prices are an important factor in determining gold rates in Pakistan. However, changes in the Pakistani rupee’s value against the US dollar, import-related costs and domestic demand can also affect local prices.

Market participants will continue to monitor international gold movements and currency trends to assess the direction of prices in the coming sessions.

Silver Prices Also Record a Decline

Silver prices followed a similar trend in Pakistan’s domestic market. The price of silver decreased by Rs7 per tola to Rs5,858 on Saturday.

Although the decline was smaller than the reduction recorded in gold prices, the movement indicates that silver also experienced downward pressure during the latest session.

Investors and jewellery buyers often track both precious metals to compare price movements and assess market conditions.

What the Latest Decline Means for Buyers

The continued decline in gold prices may offer some relief to people planning to purchase jewellery, particularly those who delayed buying amid elevated prices. However, the affordability of gold remains dependent on individual budgets and the amount of jewellery being purchased.

Buyers should also remember that the quoted gold rate does not necessarily represent the final retail price. Making charges, taxes where applicable, jewellery design and individual jeweller pricing can increase the total cost.

Those considering gold as an investment should evaluate their financial circumstances and risk tolerance rather than making decisions solely on the basis of short-term price movements.

Outlook for Gold Prices in Pakistan

Gold prices may remain sensitive to international bullion market movements, currency fluctuations and changes in local demand. While the fifth consecutive daily decline highlights the current downward trend, it does not guarantee that prices will continue falling.

Buyers, sellers and investors should monitor the latest rates published by recognised market associations and verify prices with local jewellers before making transactions.

Conclusion: Gold prices in Pakistan fell for the fifth consecutive day on October 24, 2026, with the per-tola rate declining by Rs2,500 to Rs422,036. International gold prices also decreased to $3,995 per ounce, while silver slipped to Rs5,858 per tola. Further price movements will depend on developments in global bullion markets and domestic economic conditions.