Historic Drop in Gold Prices in Pakistan; All Records Broken

Karachi, January 31, 2026 — Gold prices in Pakistan saw the largest drop in history, breaking all previous records.

Massive Decline in Gold Prices

The price of gold per tola fell by PKR 25,500, reaching PKR 511,862 per tola.

Similarly, the price of 10 grams of gold dropped by PKR 12,862, now trading at PKR 438,839 in Karachi.

Silver Prices Also Fall

The price of silver per tola decreased by PKR 2,063, falling to PKR 9,006.

International Market Impact

The decline is linked to global market trends. On the international bullion market, the price of gold per ounce dropped by USD 255, trading at USD 4,895 per ounce.

Market Outlook

Traders say the sharp fall is due to global economic shifts and changes in the international gold market. Analysts expect continued volatility in the coming days.