KARACHI: Gold and silver prices fell in Pakistan’s local bullion markets on Wednesday, October 21, 2026, following a decline in domestic and international rates.
According to rates released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold dropped by Rs900 per tola to Rs434,536.
The price of 10 grams of 24-karat gold decreased by Rs772 to Rs372,544. Meanwhile, 10 grams of 22-karat gold fell by Rs707 to Rs341,511, according to the association.
Silver Prices Also Decline
Silver prices also recorded a decline in the local market. The price of 24-karat silver fell by Rs27 per tola to Rs6,207, while the price of 10 grams decreased by Rs23 to Rs5,321.
Gold and Silver Rates Fall in the International Market
In the international market, gold prices declined by $9 per ounce to $4,120. Silver prices also dropped by 27 cents per ounce to $57.29.
According to the rates issued by the association, the decline in international prices was accompanied by a decrease in local bullion rates.
However, actual jewellery prices may vary from one market to another depending on the prevailing rates, making charges and other applicable costs.
