Gold prices in Pakistan took a sharp fall today, Friday, March 20, 2026. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs 8,100, bringing it down to Rs 491,362. At the same time, the rate for 10 grams of 24-karat gold decreased by Rs 6,945 to Rs 421,263.
This big drop follows a similar trend in the international market, where gold fell to around $4,560–4,650 per ounce, down from higher levels earlier in the week. The decline comes after gold hit record highs in recent months, driven by global economic worries, but now investors are selling off as things calm down a bit.
In Pakistan, gold prices often move with the dollar-rupee rate and world trends. The rupee has been somewhat stable lately, but the overseas slide pulled local rates lower. Jewelers in cities like Karachi, Lahore, and Hazro say buyers are happy with the cheaper prices, especially ahead of Eid-ul-Fitr celebrations tomorrow. Many people buy gold for gifts, jewelry, or as savings during festivals.
Silver also eased a little, but the main talk is about gold. Traders expect prices to stay volatile in the coming days, depending on US economic news and global demand.
For now, this drop makes gold more affordable for families planning Eid shopping or weddings. Overall, it’s good news for buyers after weeks of high costs.
