Gold and Silver Prices in Pakistan
ISLAMABAD, October 19, 2026: Gold and silver prices remain an important topic for consumers, jewellery buyers and investors across Pakistan. Changes in international precious metal prices, currency movements and local market conditions can affect the rates announced by bullion dealers.
According to GoldRatesDaily, the estimated price of 24-karat gold on October 19 was approximately Rs. 440,379 per tola, while silver was reported at around Rs. 6,055 per tola. Other Pakistani market trackers reported different figures, highlighting the importance of checking the latest local Sarafa market rates before making a purchase.
Gold Rates in Pakistan
Gold is widely purchased in Pakistan for jewellery, weddings, savings and investment purposes. The price varies according to purity, with 24K gold containing a higher proportion of pure gold than 22K, 21K or 18K varieties.
Indicative prices reported for October 19, 2026, included:
- 24K gold: Rs. 440,379 per tola
- 22K gold: Rs. 403,681 per tola
- 21K gold: Rs. 385,332 per tola
- 18K gold: Rs. 330,284 per tola
These figures are from one online price tracker and may differ from rates quoted by local jewellers. Jewellery-making charges and other applicable costs are generally additional.
Silver Rates in Pakistan
Silver is another popular precious metal in Pakistan. It is used in jewellery, ornaments, decorative products and some investment products.
GoldRatesDaily listed silver at approximately Rs. 6,055 per tola on October 19, 2026. Another market tracker reported Rs. 6,402 per tola, demonstrating that published prices can vary by source and timing. Buyers should confirm the prevailing rate and silver purity with a trusted dealer.
What Affects Gold and Silver Prices?
Several factors influence precious metal prices in Pakistan:
1. International market prices: Changes in global gold and silver prices can affect domestic rates.
2. US dollar exchange rate: Movements in the Pakistani rupee against the US dollar can influence the local cost of imported precious metals.
3. Investor demand: Economic uncertainty and changing investment preferences may affect demand for gold and silver.
4. Local market conditions: Supply, demand, market premiums and jewellers’ pricing practices can cause differences between published and retail prices.
Is It a Good Time to Buy Gold or Silver?
The decision to purchase gold or silver depends on an individual’s budget, financial goals and tolerance for price fluctuations. Precious metal prices can rise or fall, and short-term movements are difficult to predict.
Buyers should compare rates from reputable dealers, confirm purity and weight, and obtain a proper receipt. Anyone considering precious metals as an investment should avoid assuming that prices will always increase.
Conclusion
Gold and silver remain important assets for Pakistani households and jewellery buyers. On October 19, 2026, online trackers reported varying rates for both metals, making local verification essential before buying or selling.
For the most accurate transaction price, consumers should consult a trusted Sarafa market dealer and confirm the latest available rate for the relevant purity and weight.
Disclaimer: Prices are indicative online figures, not a guaranteed buying or selling quote. Rates may change during the day