Karachi, March 26, 2026: Gold prices in Pakistan witnessed a sharp decline on Thursday, falling by Rs11,000 per tola amid ongoing geopolitical uncertainty and volatility in international markets.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola dropped to Rs468,262, compared to the previous day’s closing of Rs479,262 in domestic bullion markets. This significant decline reflects a broader trend influenced by global economic and political developments.
Similarly, the price of 24-karat gold per 10 grams decreased by Rs9,430, settling at Rs401,459 against Rs410,889 recorded a day earlier. Despite the recent drop, gold prices remain below the all-time high of Rs572,862 per tola reached on January 29, 2026.
Bullion market experts attribute the sharp fall to rapidly changing geopolitical dynamics, particularly tensions in the Middle East. These developments have triggered fluctuations in commodity markets, including gold, which is traditionally considered a safe-haven asset during uncertain times.
In the international market, gold prices also declined significantly, dropping by $110 per ounce to close at $4,455, down from $4,565 in the previous session. Analysts believe that shifting investor sentiment and global economic uncertainty continue to exert pressure on gold prices worldwide.
Market observers suggest that gold prices may remain volatile in the coming days as geopolitical tensions and global financial conditions evolve.