Mixed global cues drive gold lower while silver edges up in domestic bullion market
Gold prices in Pakistan fell on June 1, 2026 while silver posted gains, reflecting mixed trends in the domestic bullion market in line with fluctuating global commodity prices, according to the All Pakistan Sarafa Gems and Jewellers Association.
The latest bullion rates for Monday, showed continued weakness in gold across both local and international markets, while silver benefited from improved industrial demand and shifting investor sentiment.
Bullion Prices (June 1, 2026)
| Commodity | Unit | Price | Change |
| Gold 24K | per tola | Rs471,762 | -Rs4,400 |
| Gold 24K | per 10 grams | Rs404,459 | -Rs3,773 |
| Gold 22K | per 10 grams | Rs370,767 | -Rs3,459 |
| Gold (Global) | per ounce | $4,494 | -$44 |
| Silver 24K | per tola | Rs8,059 | +Rs46 |
| Silver 24K | per 10 grams | Rs6,909 | +Rs40 |
| Silver (Global) | per ounce | $75.75 | +$0.46 |
Gold extended its downward movement as international bullion markets softened amid changing macroeconomic expectations, fluctuating demand and ongoing adjustments in inflation outlooks. Analysts said easing risk concerns in some regions, combined with stronger appetite for risk assets, contributed to reduced demand for safe-haven gold.
In contrast, silver prices edged higher, supported by industrial usage demand and selective investor inflows. Market participants noted that silver often behaves differently from gold due to its dual role as both an industrial and precious metal.
On the global front, gold prices slipped to $4,494 per ounce, while silver rose to $75.75 per ounce, highlighting divergent trends across precious metals markets.
Traders expect continued volatility in the bullion segment in the coming days as investors closely monitor global economic indicators, interest rate expectations and geopolitical developments that typically influence precious metals pricing.
