KARACHI – Gold prices in Pakistan remained unchanged today, with the price of 24-karat gold holding at Rs439,036 per tola, as the international market also reported no movement in bullion prices.
10 grams of gold continued to sell for Rs376,402, maintaining the previous session’s level. In the international market, gold remained unchanged at $4,165 per ounce. Meanwhile, silver prices in Pakistan moved higher, increasing by Rs59 per tola to reach Rs6,234.
Gold Market Trends in October
Gold prices have experienced considerable fluctuations throughout October, with losses generally outweighing gains during the period covered by the available data.
Gold opened the month at Rs436,884 per tola on October 1 before falling to Rs434,380 on October 2 and Rs432,100 on October 3. Prices recovered slightly over the following three days, reaching Rs433,363 on October 6, but the upward movement proved short-lived. On October 7, the rate dropped by Rs3,382 to Rs429,981 per tola, followed by a further decline to Rs429,269 on October 8.
| Date | price per tola | Daily change |
|---|---|---|
| October 1 | 436,884 | — |
| October 2 | 434,380 | -2,504 |
| October 3 | 432,100 | -2,280 |
| October 4 | 432,200 | +100 |
| October 5 | 432,545 | +345 |
| October 6 | 433,363 | +818 |
| October 7 | 429,981 | -3,382 |
| October 8 | 429,269 | -712 |
| October 9 | 433,207 | +3,938 |
| October 10 | 432,400 | -807 |
| October 11 | 432,400 | 0 |
| October 12 | 430,457 | -1,943 |
| October 13 | 430,754 | +297 |
| October 14 | 426,520 | -4,234 |
| October 15 | 429,158 | +2,638 |
| October 16 | 430,011 | +853 |
| October 17 | 435,100 | — |
| October 18 | 439,000 | — |
| October 19 | 439,300 | — |
The broader market trend also points to a decline from the levels recorded in September. Gold reportedly reached approximately Rs451,550 per tola in mid-to-late September before losing around Rs22,000 from that peak.
October fluctuations suggest that the market has struggled to sustain gains, although intermittent recoveries have prevented a continuous downward movement.
Gold Down Around 30%
Gold prices have also declined substantially from their 2026 peak. The supplied data puts the highest rate at Rs616,790 per tola in early February, compared with the separately reported current rate of Rs439,036.
The difference shows decline of approximately 28.8%, while comparison with the October historical series near Rs429,000–430,000 indicates a fall of roughly 30%.
The market reportedly reached a yearly low of around Rs421,700 per tola in July. Prices recovered to some extent during August and September before weakening again in October. Monthly averages generally declined between February and July, followed by a partial recovery over the next two months.