Gold, silver prices decline in Pakistan on April 17

gold and silver rates update

KARACHI, April 17, 2026 — Gold and silver prices in Pakistan fell on Friday, in line with a downward trend in international bullion markets, according to data released by the All Pakistan Sarafa Gems and Jewelers Association.

The price of 24-karat gold dropped by Rs3,300 per tola to Rs501,562, while gold per 10 grams also declined. Silver prices followed a similar trajectory, reflecting global market movements and investor sentiment.

CommodityUnitPriceChange
Gold (24K)Per tolaRs501,562-Rs3,300
Gold (24K)Per 10 gramsRs430,008-Rs2,829
Gold (22K)Per 10 gramsRs394,188-Rs2,593
Gold (Global)Per ounce$4,792-$33
Silver (24K)Per tolaRs8,444-Rs70
Silver (24K)Per 10 gramsRs7,239-Rs60
Silver (Global)Per ounce$79.60-$0.70

Bullion dealers said the decline in domestic prices largely mirrored losses in international markets, where gold and silver weakened amid shifting investor sentiment and evolving geopolitical developments.

Gold, often viewed as a safe-haven asset, has remained volatile in recent weeks due to uncertainty in global financial markets and geopolitical tensions. Analysts said fluctuations in the US dollar and interest rate expectations also continue to influence precious metal prices.

In Pakistan, local prices are additionally impacted by exchange rate movements and domestic demand patterns.

Analysis: Market participants expect continued volatility in gold and silver prices in the near term, with global economic conditions and geopolitical risks likely to remain key drivers of price trends.