Karachi, January 22, 2026 – The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) on Thursday released the latest gold and silver prices to guide consumers, investors, and bullion traders across the country.
According to the association, precious metal prices recorded a slight decline in the local market, in line with easing trends in the international bullion market. Gold prices in Pakistan slipped after a strong three-day rally that pushed rates to historic highs earlier this week. Market analysts attributed the correction to marginal softness in global gold prices and short-term profit-taking by investors.
Silver prices also witnessed a modest decrease, reflecting movements in the international market. Despite the dip, traders noted that both gold and silver continue to trade at elevated levels due to persistent global economic uncertainty and geopolitical tensions, which are supporting demand for safe-haven assets.
The association clarified that local bullion prices are calculated on the basis of prevailing interbank foreign exchange rates issued by the State Bank of Pakistan (SBP), along with trends in international commodity markets.
Below are the updated gold and silver prices in Pakistan as of January 22, 2026:
| Commodity | Price | Change |
| Gold 24-karat (per tola) | Rs505,532 | ▼ Rs800 |
| Gold 24-karat (10 grams) | Rs433,437 | ▼ Rs686 |
| Gold 22-karat (10 grams) | Rs397,331 | ▼ Rs629 |
| Gold (per ounce – global) | $4,832 | ▼ $8 |
| Silver 24-karat (per tola) | Rs9,903 | ▼ Rs30 |
| Silver 24-karat (10 grams) | Rs8,490 | ▼ Rs25 |
| Silver (per ounce – global) | $94.28 | ▼ $0.30 |