KARACHI, March 9, 2026: The All Pakistan Sarafa Gems and Jewelers Association has released the daily gold and silver price update for Monday, providing key benchmarks for investors, jewelry traders, and the general public across Pakistan.
According to the association, precious metal prices in the local bullion market witnessed a notable decline in line with the downward trend in international markets. Gold prices fell significantly as global demand weakened and investors reassessed safe-haven assets amid fluctuating economic signals.
The price of 24-karat gold per tola dropped by Rs6,500, settling at Rs533,362, while 24-karat gold per 10 grams declined by Rs5,573 to reach Rs457,271. Similarly, 22-karat gold per 10 grams also recorded a decrease, reflecting the overall bearish momentum in the precious metals market.
Silver prices also experienced a modest decline in domestic markets. Bullion traders noted that fluctuations in global commodity prices and currency exchange rates continue to influence local bullion valuations.
Internationally, the precious metals market also showed weakness. Global gold prices slipped by $65 per ounce, while silver prices edged lower as well, mirroring cautious investor sentiment in global financial markets.
Market analysts highlighted that Pakistan’s gold and silver rates are largely influenced by international bullion prices and exchange rate movements. The local pricing mechanism is closely tied to the interbank foreign exchange rates issued by the State Bank of Pakistan, which play a crucial role in determining domestic bullion values.
Gold and Silver Prices in Pakistan – March 9, 2026
| Commodity | Price | Change |
| Gold 24K (per tola) | Rs533,362 | – Rs6,500 |
| Gold 24K (per 10 grams) | Rs457,271 | – Rs5,573 |
| Gold 22K (per 10 grams) | Rs419,180 | – Rs5,109 |
| Gold (per ounce – global) | $5,106 | – $65 |
| Silver 24K (per tola) | Rs8,894 | – Rs37 |
| Silver 24K (per 10 grams) | Rs7,625 | – Rs31 |
| Silver (per ounce – global) | $84.10 | – $0.37 |
Traders expect bullion prices to remain volatile in the coming days, largely depending on global market movements, currency fluctuations, and geopolitical developments affecting investor demand for safe-haven assets.