As of January 16, 2026, the gold market in Pakistan has entered a phase of stabilization after a period of intense volatility. Investors and buyers are closely watching the rates following a dramatic surge that saw prices reach unprecedented heights earlier this week.
Current Gold Rates in Pakistan
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the Gold Rate Today in Pakistan for 24-karat gold is approximately Rs. 482,462 per tola. For those looking at smaller quantities, the price for 10 grams of 24-karat gold stands at Rs. 413,633.
The market saw a significant downward correction recently. Prices dropped by roughly Rs. 3,700 per tola in a single day. This pullback comes after the precious metal hit a record peak of Rs. 486,162 just days ago.
Detailed Price Table
The following table reflects the current market rates for different units:
| Unit | 24K Gold Price (PKR) | 22K Gold Price (PKR) |
| Per Tola | 482,462 | 437,891 |
| 10 Grams | 413,633 | 375,430 |
| 1 Gram | 41,363 | 37,543 |
Why Prices Are Shifting
The recent decline is largely attributed to a cooling international market. Global gold prices retreated to approximately $4,601 per ounce. This shift happened as geopolitical tensions between the US and Iran showed signs of temporary de-escalation, reducing the immediate demand for safe-haven assets.
In the local market, silver prices also followed the downward trend. The rate for silver fell by Rs. 150, bringing the current price to Rs. 9,425 per tola.
Market Outlook
Despite the recent dip, the Gold Rate Today in Pakistan remains significantly higher than in previous months. Financial analysts suggest that while short-term profit-taking is occurring, long-term demand remains strong. Factors such as local wedding season demand and global economic uncertainty continue to provide a floor for prices.
Local jewellers in major cities like Karachi, Lahore, and Islamabad are advising buyers to monitor daily updates. Even minor shifts in the US dollar exchange rate can cause immediate changes in the domestic bullion market.
This recent decline follows a period of high volatility, as we saw when the Pakistan Gold Price Sees Fresh Movement on January 13, marking the start of this week’s record-breaking trend.
