Gold prices in Pakistan declined on October 7 as domestic bullion rates followed a drop in international gold prices.

Gold prices in Pakistan declined sharply on October 7, 2026, with the price of 24-karat gold falling Rs3,100 per tola in the domestic bullion market.

According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold fell to Rs434,436 per tola, compared with the previous closing price of Rs437,536.

Gold Price per 10 Grams

The price of 24-karat gold also decreased by Rs2,658 per 10 grams, falling to Rs372,458 from the previous close of Rs375,116.

The decline in domestic bullion prices came alongside a fall in international gold prices, which continued to influence local rates.

International Gold Prices Decline

In the international market, gold prices decreased by $31 per ounce, falling to $4,119 from the previous closing price of $4,150.

The latest movement marks another decline in gold prices after recent volatility in both domestic and international bullion markets.

The latest decline has brought the domestic gold rate lower after recent fluctuations in both local and global bullion markets. Investors and jewellery buyers continue to monitor international gold prices closely, as movements in global bullion rates can influence prices in Pakistan.

Market participants are also keeping an eye on developments in global financial markets and broader economic conditions, which can affect demand for safe-haven assets such as gold. Further changes in international prices and currency movements could influence domestic bullion rates in the coming sessions.