Gold and silver prices experienced a notable decline in both international and local markets, with global gold rates dropping by $32 per ounce, bringing the price down to $4,010 per ounce.
The fall in international prices affected Pakistan’s local sarafa markets, where the gold per tola rate decreased by Rs3,200, settling at Rs523,762. Similarly, 10 grams of gold dropped by Rs2,743 to Rs449,041.
Read more : Gold prices plunge to record one-day low in Pakistan –
Silver prices also faced downward pressure, with the per tola rate falling by Rs55 to Rs8,164, while 10 grams of silver decreased by Rs47 to Rs6,999, reflecting global market trends impacting domestic pricing.
Market analysts attributed the local decline to fluctuations in the international bullion market, which directly influence domestic prices. Investors are closely monitoring global trends to anticipate future changes in gold and silver rates.
Read more : Gold prices plunge to record one-day low in Pakistan –
The State Bank of Pakistan reported that the country’s 64.76 tons of gold reserves are valued at $10.374 billion, showing an increase of $1.279 billion in January 2026 alone.
Overall, Pakistan’s gold reserves have grown by $3.5 billion during the first seven months of the current fiscal year, holding approximately 5.5 million tolas or 20,82,000 ounces, highlighting a strengthening domestic reserve position.