Karachi, January 3, 2026: The All Pakistan Sarafa Gems and Jewelers Association (APSGJA) has released the latest gold and silver prices in Pakistan for Saturday, providing updated rates for consumers, investors, and bullion traders across the country.
According to the association, precious metal prices declined sharply in the local market, mirroring weakness in international bullion prices and fluctuations in global economic conditions. Gold prices, in particular, extended their downward trend after remaining volatile in recent sessions.
Gold and Silver Rates in Pakistan (January 3, 2026)
| Metal | Rate | Change |
| Gold 24-karat per tola | Rs455,262 | ▼ Rs4,700 |
| Gold 24-karat per 10 grams | Rs390,570 | ▼ Rs4,030 |
| Gold 22-karat per 10 grams | Rs358,035 | ▼ Rs3,694 |
| Gold (international per ounce) | $4,332 | ▼ $47 |
| Silver 24-karat per tola | Rs7,756 | ▼ Rs106 |
| Silver 24-karat per 10 grams | Rs6,647 | ▼ Rs91 |
| Silver (international per ounce) | $72.81 | ▼ $1.06 |
Market Overview
The decline in gold prices in Pakistan comes amid a broader correction in the global market, where international gold rates fell by $47 per ounce. Analysts attribute the drop to shifting investor sentiment, global trade uncertainties, and short-term profit-taking after record highs in late December.
Silver prices also moved lower, tracking international trends and reduced industrial demand expectations.
Pricing Methodology
The APSGJA clarified that gold and silver prices are calculated based on prevailing interbank foreign exchange rates, as released by the State Bank of Pakistan (SBP), along with movements in the global bullion market.
Market experts expect continued volatility in precious metal prices, advising buyers and investors to closely monitor international developments and currency movements before making purchasing decisions.