Gold prices in Pakistan fell sharply on Friday, dropping Rs7,000 per tola amid a decline in international rates. The price reached Rs424,536 per tola, according to figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Silver prices also recorded a decrease in the local market.
The association reported that 10-gram gold fell by Rs6,001 during the day. Its price settled at Rs363,971 following the latest adjustment. The decline came as gold prices continued to face downward pressure in international markets.
Read more: Gold prices decline by Rs 3,000 per tola
Thursday had also brought a decline in domestic gold prices. The price per tola dropped by Rs3,000 to reach Rs431,536, according to the reported figures. Friday’s reduction further lowered the cost of gold for buyers across Pakistan.
International gold prices also moved downward on Friday. The rate declined by $70 per ounce, bringing it to $4,020. The international market’s movement coincided with the latest fall in local gold prices.
The domestic bullion market adjusts its rates in line with international price movements. The latest figures reflect a further reduction in the local value of gold after Thursday’s decline. Buyers and sellers continue to monitor daily changes when assessing prices.
Read more: Gold becomes Rs3,000 cheaper per tola in Pakistan
Silver prices also fell alongside gold in Pakistan’s local market. The price of silver declined by Rs221 per tola, settling at Rs5,865. This marked another downward movement in precious metal prices during Friday’s trading.
The latest rates were shared by the APGJSA on Friday, October 23, 2026. Gold reached Rs424,536 per tola, while 10-gram gold stood at Rs363,971. International gold traded at $4,020 per ounce, and local silver reached Rs5,865 per tola following the reported declines.