Karachi, January 17, 2026 — The All Pakistan Sarafa Gems and Jewelers Association (APSGJA) on Saturday released the latest gold and silver prices to facilitate consumers, investors, and bullion traders across the country.
According to the association, precious metal prices in Pakistan declined amid easing geopolitical tensions and subdued demand in the international bullion market. Gold prices recorded a notable drop after touching record highs earlier this month, while silver prices also edged lower in both local and global markets.
The price of 24-karat gold per tola decreased by Rs600, settling at Rs481,862 in the domestic market. Likewise, 24-karat gold per 10 grams fell by Rs515 to close at Rs413,118, reflecting the downward trend in international gold rates.
Silver prices also followed a similar pattern. The rate of 24-karat silver per tola declined by Rs43, while silver per 10 grams dropped by Rs37. Market participants said fluctuations in global bullion prices and currency movements continue to influence local rates.
Internationally, gold prices slipped by $6 per ounce, while silver lost $0.43 per ounce during the trading session. Traders expect precious metal prices to remain volatile in the near term, closely tracking global economic signals, interest rate expectations, and geopolitical developments.
The association clarified that gold and silver prices are determined based on prevailing interbank foreign exchange rates issued by the State Bank of Pakistan (SBP), along with trends in the international bullion market.
Gold and Silver Prices on January 17, 2026
| Commodity | Unit | Price | Change |
| Gold (24K) | Per tola | Rs481,862 | -Rs600 |
| Gold (24K) | Per 10 grams | Rs413,118 | -Rs515 |
| Gold (22K) | Per 10 grams | Rs378,705 | -Rs472 |
| Gold (International) | Per ounce | $4,595 | -$6 |
| Silver (24K) | Per tola | Rs9,482 | -Rs43 |
| Silver (24K) | Per 10 grams | Rs8,129 | -Rs37 |
| Silver (International) | Per ounce | $90.07 | -$0.43 |