Pakistan Gold Price Today: 24K Gold Falls to Rs437,336 Business

Gold Price in Pakistan Falls by Rs800 to Rs437,336 per Tola

Gold lovers in Pakistan got a small bit of relief on Tuesday, 29 September 2026. The gold price in Pakistan fell by Rs800 to Rs437,336 per tola for 24-karat gold. It isn’t a huge drop, but it comes right after a big fall the day before. So many buyers, sellers, and families planning weddings are now asking the same thing: is this a good time to buy? I’ll walk you through the numbers in plain words. I’ll also explain why the price moved and what you can do about it. What Happened to Gold Prices in Pakistan Today? According to Business Recorder, local gold followed the international market lower on Tuesday. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) set the rate. It is the group that jewellers and traders across the country use as their reference. The 24-karat rate slipped by Rs800 and settled at Rs437,336 per tola. The 10-gram rate also dipped, by Rs686, to Rs374,945. The 22-karat rate for 10 grams fell by Rs628 to Rs343,712. The fall looks small, and it is. But the story is bigger than one day’s change. Monday saw a sharp drop of Rs12,800 per tola, so Tuesday’s dip is more like a slow slide after a steep fall. Gold Rates in Pakistan at a Glance Here is a quick table with today’s local numbers, so you can check them fast. Gold Type Unit Today’s Price (PKR) Change (PKR) 24-Karat Per Tola Rs437,336 -Rs800 24-Karat 10 Grams Rs374,945 -Rs686 22-Karat 10 Grams Rs343,712 -Rs628 Rates can differ a little from shop to shop. Making charges, taxes, and local demand all play a part, so treat these as the base market rate. Why Did Gold Get Cheaper Today? Pakistan doesn’t set gold prices on its own. The local rate follows the international price, along with the dollar-rupee exchange rate. When gold falls abroad, our market usually follows within hours. On Tuesday, the international price slipped by $8 to $4,148 per ounce. That is a small move. But it came after a rough Monday, when global gold dropped by almost 4% and touched its lowest level in more than seven weeks, as The Nation and other local outlets reported. So what pushed gold down? One big reason is rising crude oil prices. When oil gets expensive, everything else gets expensive too, and that fuels inflation worries. When people fear inflation, they expect central banks, like the US Federal Reserve, to keep interest rates high or even raise them. That matters for gold. Gold pays no interest. When rates rise, savers can earn more from bonds and bank deposits, so gold looks less attractive. Investors sell gold, and the price drops. It’s a simple push and pull. A Look at the Last Two Days To understand today’s price, you need to see where it came from. On Monday, gold lost Rs12,800 per tola and closed at Rs438,136. The 10-gram rate fell by Rs10,973 that same day. That was the lowest level since July. Then came Tuesday’s Rs800 drop. Notice how much smaller it is. Market watchers read this as a sign that the heavy selling has cooled off. Things look calmer now, though calm can change quickly. Gold is also about Rs46,000 below its recent peak. Still, it sits above the July low of roughly Rs421,000 per tola. So the metal has fallen a lot, but it hasn’t gone back to the bottom. Silver and International Prices Today Gold wasn’t alone. Silver also edged down, and the global gold price moved as well. Here is the second table, with silver and international rates. Silver and International Market Rates Today Metal / Market Unit Today’s Price Change Silver (Pakistan) Per Tola Rs6,558 -Rs20 Silver (Pakistan) 10 Grams Rs5,622 -Rs17 Gold (International) Per Ounce $4,148 -$8 Silver (International) Per Ounce $60.80 -$0.20 Silver moved in the same direction as gold, which is common. Both metals react to the same forces, like interest rate hopes and the strength of the US dollar. What Is a Tola, and Why Does Pakistan Still Use It? If you’re new to gold buying, the word “tola” may sound confusing. A tola is a traditional unit of weight, and it equals about 11.66 grams. Jewellers in Pakistan and across South Asia have used it for generations. You’ll also see prices per 10 grams. That’s the international-style measure and is easier to compare with other countries. If you want to check a quote, just remember that one tola is a little more than 10 grams. In fact, Rs374,945 for 10 grams works out very close to Rs437,336 for one tola. 24-Karat vs 22-Karat Gold: Which One Should You Buy? This question comes up a lot, and the answer depends on your goal. 24-karat gold is the purest form, at 99.9% gold. It is soft, so it isn’t great for detailed jewellery. Most people buy it as bars, coins, or as an investment. 22-karat gold is about 91.6% gold and is mixed with other metals. That makes it stronger. It’s why most bridal sets, bangles, and rings are made from 22-karat gold. So if you want to save money for the long term, 24-karat is the cleaner choice. If you want something to wear every day, 22-karat is more practical. Today, the gap between them for 10 grams is about Rs31,000. Should You Buy Gold After This Drop? I can’t tell you what gold will do tomorrow, and no honest expert can. But I can share how I would think about it. First, a falling price can feel like a bargain. Gold is well below its recent peak, and that tempts many buyers. But prices can keep falling before they rise again. If you buy everything in one day, you carry all the risk. Second, consider buying in small parts. Some people buy a little each month. This way, you don’t have to guess the perfect day. Over time, your average price smooths out. Third, think about why you’re buying. If you need gold