Karachi, April 28, 2026 – Precious metal prices in Pakistan recorded a broad decline on Tuesday as international bullion markets weakened, according to data released by the All Pakistan Sarafa Gems and Jewelers Association. The downward trend affected both gold and silver prices across local markets in Karachi.
Market participants said the decline reflects easing global demand for safe-haven assets amid shifting geopolitical and economic signals. The rupee-linked pricing mechanism also contributed to the adjustment in domestic rates.
Today’s Gold and Silver Prices in Pakistan (April 28, 2026)
| Metal | Category | Price | Change |
| Gold | 24K per tola | Rs485,062 | -Rs8,900 |
| Gold | 24K per 10g | Rs415,862 | -Rs7,630 |
| Gold | 22K per 10g | Rs381,220 | -Rs6,995 |
| Gold | Per ounce (global) | $4,627 | -$89 |
| Silver | 24K per tola | Rs7,811 | -Rs238 |
| Silver | 24K per 10g | Rs6,696 | -Rs204 |
| Silver | Per ounce (global) | $73.27 | -$2.38 |
Analysts noted that gold and silver prices are closely tracking international movements, where both metals have come under pressure due to fluctuating investor sentiment and expectations of monetary policy adjustments in major economies.
Despite the current decline, traders say volatility remains high, with bullion markets sensitive to global inflation data, currency shifts, and geopolitical tensions. Investors are advised to monitor international trends closely, as both metals continue to respond quickly to macroeconomic signals.
Experts added that while short-term corrections are visible, long-term demand for precious metals remains supported by uncertainty in global financial markets.