Gold price in Pakistan falls Rs7,000 per tola

Mettis Global reported that 24-karat gold in Pakistan was quoted at Rs424,536 per tola on Friday, October 23, 2026, a daily decline of Rs7,000. The 10-gram rate for the same purity fell by Rs6,001 to Rs363,971, while 22-karat gold was priced at Rs333,652 per 10 grams, according to the All-Pakistan Gems and Jewelers Sarafa Association.

Silver also weakened locally: 24-karat rates dropped by Rs221 to Rs5,865 per tola and by Rs189 to Rs5,028 per 10 grams. Overseas, spot gold traded near $4,025 an ounce, up $2.5, or 0.06%, from the prior session. The report linked firm oil prices with expectations that the Federal Reserve could keep rates high for longer, as investors awaited its policy meeting next week. These daily gold and silver quotations provide a reference for readers tracking Pakistan’s bullion market.