Pakistan’s gold and silver market witnessed notable declines on Friday, with the 24-karat gold tola dropping sharply by Rs 35,500.

Traders across the country reported lower interbank rates, reflecting shifts in both local and international markets.

Gold Prices see sharp decline

According to the All Pakistan Sarafa, Gems, and Jewellers Associations, the interbank gold rates for January 30, 2026, are as follows:

Gold Tola (24K): Rs 537,362, down by Rs 35,500
Gold 10gm (24K): Rs 460,701, down by Rs 30,435
Gold 10gm (22K): Rs 422,324, down by Rs 27,900

International gold trends

Global gold also reflected a decrease, with international prices slipping:

International Gold ($): $5,150, down by $355

These figures indicate a continuing trend of declining gold prices, influenced by fluctuations in global markets and local interbank exchange rates.

Silver rates also drop

Silver prices mirrored gold’s decline, with significant reductions in local and international rates:

Silver Tola (24K): Rs 11,069, down by Rs 1,106
Silver 10gm (24K): Rs 9,489, down by Rs 949
International Silver ($): $105.94, down by $11.06

Traders cited interbank exchange rates and global market trends as the primary factors behind the downward movement.