KARACHI, April 22, 2026 – Gold and silver prices in Pakistan declined on Wednesday in line with a downward trend in international markets, according to data released by the All Pakistan Sarafa Gems and Jewelers Association.
The latest rates showed a noticeable drop in both precious metals, reflecting subdued global demand and ongoing volatility driven by geopolitical and economic uncertainties. Traders said local bullion prices closely tracked international benchmarks, with additional pressure from currency fluctuations.
Below is a snapshot of gold and silver prices in Pakistan on April 22, 2026:
| Commodity | Price | Change |
| Gold 24-karat (per tola) | Rs498,962 | – Rs1,200 |
| Gold 24-karat (per 10 grams) | Rs427,779 | – Rs1,029 |
| Gold 22-karat (per 10 grams) | Rs392,145 | – Rs943 |
| Gold (per ounce, global) | $4,766 | – $12 |
| Silver 24-karat (per tola) | Rs8,324 | – Rs34 |
| Silver 24-karat (per 10 grams) | Rs7,136 | – Rs29 |
| Silver (per ounce, global) | $78.40 | – $0.34 |
Analysis:
Bullion market analysts attributed the decline to a dip in international prices, where gold and silver eased as investors reassessed safe-haven demand. Global markets have been reacting to shifting geopolitical tensions and trade-related developments, prompting cautious trading behavior.
In Pakistan, the prices of precious metals are also influenced by the exchange rate of the rupee against the U.S. dollar, amplifying the impact of global fluctuations. Dealers noted that recent corrections in international markets triggered selling pressure locally.
Market participants expect continued volatility in the coming days, as investors monitor global economic cues, inflation trends, and central bank policies that could shape the outlook for precious metals.