Gold Price Drops in Pakistan on Thursday
Gold prices in Pakistan saw a decline on Thursday, January 15, 2026, as global rates pulled back. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola decreased by Rs3,700 to Rs482,462. The rate for 10 grams dropped by Rs3,172 to Rs413,633.
This came after a rise the previous day, when per tola gold had climbed Rs4,300 to close at Rs486,162 on Wednesday.
The drop followed a similar movement in the international market. Spot gold fell by $37 to $4,601 per ounce, with a $20 premium factored in, which directly influenced local pricing. A stronger US dollar and broader corrections in global markets contributed to the downward pressure.
Silver rates in the local market also moved lower. The price per tola of silver declined by Rs150 to Rs9,425.
Market observers note that gold continues to hold strong appeal as an investment choice in Pakistan amid ongoing economic uncertainties. Short-term swings remain likely, driven by shifts in global economic conditions, currency exchange rates, and investor sentiment.
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For context, gold had seen sharp gains in recent sessions, pushing local rates to record levels earlier this week before this pullback.