Gold Prices Drop Further in Pakistan: Check Today’s Per Tola Rates

Published On: January 22, 2026

Gold prices continued their downward trend in Pakistan as local bullion markets recorded another notable decline on Thursday. The price of 24-karat gold per tola dropped by Rs. 600 to Rs. 466,162, while 10 grams of gold fell by Rs. 515 to Rs. 399,658.

Silver prices also moved lower alongside gold. The price of silver per tola decreased by Rs. 236 to Rs. 8,125, while 10 grams of silver dropped by Rs. 203 to Rs. 6,915.

Impact of Global Market

The decline follows weakness in the international bullion market, where gold prices slipped by $12 to $4,444 per ounce. The global correction directly influenced domestic prices, leading to fresh reductions in local markets.

Previous Day’s Rates

A day earlier, gold prices had already declined sharply:

Per tola gold fell by Rs. 1,200 to Rs. 466,762
10 grams of gold dropped by Rs. 1,028 to Rs. 401,173

During that session, silver prices remained unchanged at Rs. 8,361 per tola.

According to the All Pakistan Sarafa Gems and Jewellers Association:

10 grams of 22-karat gold declined by Rs. 942 to Rs. 365,896
24-karat silver remained stable at Rs. 8,361 per tola

Gold Demand in Pakistan

Experts estimate Pakistan’s annual gold demand ranges between 60 to 90 tons, valued at approximately $8 to $12 billion. However, a large portion of the trade remains undocumented.

Data from the Competition Commission of Pakistan (CCP) shows that nearly 70 percent of gold demand is linked to weddings and social events.

Pakistan relies heavily on gold imports. During FY2024, the country imported gold worth $17 million, while official gold reserves stood at 64.76 tons by the end of 2025, valued at nearly $9 billion.