Karachi, March 16, 2026 – Gold prices in Pakistan continued their downward trend on Monday, extending a four-day losing streak that has pushed the precious metal significantly lower in local bullion markets. During this period, the price of gold has fallen by Rs20,500 per tola, reflecting volatility in both domestic and international markets.
According to market data, the price of 24-karat gold per tola dropped by Rs1,800 on Monday to close at Rs522,762, compared to Rs524,562 recorded on Saturday. The last time gold prices registered an increase in Pakistan was on March 11, 2026, after which the market has remained under consistent selling pressure.
Similarly, the price of 24-karat gold per 10 grams also declined by Rs1,543, settling at Rs448,184, down from the previous closing of Rs449,727 in the local bullion markets.
Despite the recent drop, gold prices remain relatively high compared to historical levels. Earlier this year, the precious metal reached an all-time high of Rs572,862 per tola on January 29, 2026, reflecting strong demand and global uncertainty during that period.
Market experts believe the latest decline in local prices is largely linked to movements in the international bullion market. Global gold rates also slipped during the latest trading session, with the price of gold decreasing by $18 per ounce to settle at around $5,000, compared to the previous closing of $5,018 per ounce.
Analysts note that fluctuations in the global market, driven by geopolitical tensions and ongoing trade barriers, have increased volatility in gold prices worldwide. As Pakistan’s bullion market closely follows international trends and currency movements, local prices often adjust in response to changes in global benchmarks.
Investors and traders are closely monitoring global developments to gauge the future direction of Gold prices in the coming days. 📉💰