Gold prices in Pakistan declined on Thursday, with the price of 24-karat gold falling by Rs2,300 per tola to Rs452,936, according to the latest rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The decrease comes amid a slight decline in international gold prices as easing crude oil prices improved inflation expectations in global markets.
24-Karat Gold Price Drops
The price of 24-karat gold per 10 grams also recorded a decline of Rs2,069 and was quoted at Rs387,615.
Meanwhile, the price of 22-karat gold stood at Rs355,515 per 10 grams, reflecting the overall downward trend in the domestic bullion market.
Latest Gold Prices in Pakistan
Category June 18, 2026 June 17, 2026 Change
24K Gold (per tola) Rs452,936 Rs455,236 -Rs2,300
24K Gold (10 grams) Rs387,615 Rs389,684 -Rs2,069
22K Gold (10 grams) Rs355,515 Rs357,412 Lower
Silver Prices Also Decline
Silver prices also moved lower in the domestic market.
The price of 24-karat silver dropped by Rs138 to Rs7,359 per tola, while silver per 10 grams declined by Rs117 to Rs6,268.
Latest Silver Prices
Category June 18, 2026 June 17, 2026 Change
24K Silver (per tola) Rs7,359 Rs7,497 -Rs138
24K Silver (10 grams) Rs6,268 Rs6,385 -Rs117
Gold Remains Higher Compared to Last Year
Despite the daily decline, gold prices remain significantly higher compared to the start of the fiscal year.
According to market data, gold prices have risen by Rs102,736 per tola since the beginning of the current fiscal year. However, they are down by Rs4,026 per tola on a calendar-year basis and have decreased by Rs24,226 over the past month.
International Gold Prices Edge Lower
In the international market, spot gold traded near $4,265 per ounce, down $12.7 or 0.30 percent from the previous session.
Market analysts attributed the decline to easing crude oil prices, which helped reduce inflation concerns and affected demand for the precious metal.
Gold is traditionally considered a safe-haven asset during periods of economic uncertainty. However, changing expectations regarding inflation and global energy prices continue to influence investor sentiment and bullion prices worldwide.