Gold Price in Pakistan drops to Rs4.53 Lac per Tola after Negative Week Opening

Gold prices in Pakistan came under pressure on Monday, with local rates moving lower after another decline in the international bullion market.

The price of gold fell by Rs3,800 per tola, bringing the latest rate to Rs453,336.  The decline was also reflected in the 10-gram rate, which dropped Rs3,258 to Rs388,662.

International gold prices

The weakness in Pakistan’s gold market came alongside a fall in international bullion prices. The global price of gold slipped $38 per ounce to $4,308, putting additional pressure on domestic rates.

Gold prices in Pakistan generally track movements in the international market, while currency fluctuations can also influence the local rupee-denominated rate.

Silver Prices

Silver also recorded a decline during Monday’s trading. The price of silver decreased by Rs122 per tola, bringing it down to Rs6,802.

The latest movement marks another session of volatility in Pakistan’s precious metals market, with investors and buyers closely watching both international bullion prices and developments affecting the domestic currency and economy.

Gold Price Trend

Gold prices have remained highly volatile in 2026, although the precious metal is broadly flat on a year-to-date basis as of mid-September.

Gold surged to a record intraday high of nearly $5,600 per ounce in late January, driven by strong safe-haven demand. Prices then retreated through the spring, hitting a low of around $3,975–$4,000 in June.

The metal recovered some of those losses in the following months and is now trading around $4,290–$4,330 per ounce as of September 14, 2026.

More recently, gold has faced pressure from higher oil prices and expectations of tighter US monetary policy, leaving prices weaker over the past few weeks after their strong gains earlier in the year.

Despite the recent pullback, gold remains around 17% to 20% higher than a year ago.

Gold price in Pakistan drops Rs5,600 per tola amid global sell-off