Karachi, January 1, 2026 – The All Pakistan Sarafa Gems and Jewelers Association has released the latest daily gold and silver prices for Thursday to inform the general public, investors, and traders.
According to the association, 24-karat gold per tola declined by Rs2,400, continuing the recent downward trend in domestic gold prices. Prices have been influenced by global market fluctuations, geopolitical tensions, and movements in the US dollar.
Updated Gold and Silver Prices – January 1, 2026
| Commodity | Weight/Unit | Price (PKR/USD) | Change |
| Gold 24-karat | per tola | Rs454,562 | – Rs2,400 |
| Gold 24-karat | per 10 grams | Rs389,713 | – Rs2,058 |
| Gold 22-karat | per 10 grams | Rs357,249 | – Rs1,887 |
| Gold | per ounce (Intl) | $4,322 | – $24 |
| Silver 24-karat | per tola | Rs7,632 | + Rs83 |
| Silver 24-karat | per 10 grams | Rs6,545 | – Rs71 |
| Silver | per ounce (Intl) | $71.60 | – $0.83 |
The association clarified that gold and silver prices are determined based on the prevailing interbank foreign exchange rates issued by the State Bank of Pakistan (SBP), as well as international bullion market trends.
While gold prices witnessed a decline in both local and international markets, silver showed mixed movements, with slight gains per tola but a small drop in international rates. Experts suggest that these price trends reflect a combination of dollar appreciation, geopolitical developments, and global commodity demand.
Investors and traders are advised to stay updated with daily price movements, as fluctuations in global markets and currency rates continue to impact the domestic precious metals market in Pakistan.