The prices of gold and silver on Thursday fell below the highest levels reached a day earlier in the global and local markets.
The price of 24-karat gold per tola fell by just Rs800, bringing the new rate to Rs505,562, according to the All Pakistan Sarafa Gems and Jewellers Association.
Similarly, the price of 10 grams of 24-karat gold dropped by Rs 686, settling at Rs 433,437. The price of 10 grams of 22-karat gold also declined by Rs629 to be sold for Rs397,331.
The Gold prices have crossed the Rs 500,000 per tola mark, marking another record high in gold prices in history.
For the first time, the gold price in Pakistan has crossed the Rs 500,000 threshold. It is a sombre milestone for the local jewellery industry, but a significant win for safe-haven investors.
Historic Surge in Gold Rates in Pakistan
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) confirmed a massive single-day jump of Rs 12,700. As of January 21, 2026, the rate for 24K gold stands at Rs 506,362 per tola. This 2026 gold rally has effectively doubled the prices we saw just two years ago.
