Gold and silver prices experienced a significant pullback in Karachi, Pakistan on Thursday with both metals fell sharply, marking the first substantial market correction after the recent parabolic rally.
The price of 24-karat gold per tola dropped by Rs 3,700, settling at Rs 482,462. This decline, while notable, is minor compared to the massive gains of the preceding days.
In 10 grams, 24-karat gold decreased by Rs 3,172 to Rs 413,633. The price for 22-karat gold also fell, declining by Rs 2,908 to close at Rs 379,177.
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Internationally, the gold price per ounce fell by $37 to $4,601. The global benchmark’s retreat provided the primary catalyst for the local sell-off, confirming the price correction is a broad-based phenomenon.
Silver Prices in Pakistan – Jan 15, 2026
The domestic price of silver per tola decreased by Rs 150 to Rs 9,425. The white metal’s smaller percentage drop indicates it may find support above the Rs 9,400 level.
Gold Rate in Pakistan – Gold Price Today Live Updates
Silver per 10 grams followed, falling by Rs 129 to Rs 8,080. The ability to hold above Rs. 8,000 is a technically positive sign for silver bulls despite the day’s losses.
Globally, silver declined by $1.50 to $89.50 per ounce.
The local rates, calculated on interbank exchange rates, are certified by the trade association. All listed prices are for 999 (24K) purity.
A day earlier, gold and silver prices launched even higher in Karachi, Pakistan on Wednesday with both metals posted major gains, accelerating the unprecedented unstoppable rally in January 2026.
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The price of 24-karat gold per tola skyrocketed by Rs 4,300, closing at a staggering Rs 486,162. This massive leap brings the imminent target of Rs 500,000 per tola clearly into view.
In 10 grams, 24-karat gold surged by Rs 3,687 to Rs 416,805. The price for 22-karat gold also exploded, gaining Rs 3,380 to settle at Rs. 382,085.
