Karachi, March 13, 2026 – Gold prices in Pakistan witnessed a significant decline on Friday, falling by Rs7,100 per tola in line with downward trends in the global bullion market.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola dropped to Rs533,262, compared with the previous day’s closing rate of Rs540,362 in local bullion markets.
Despite the latest decline, gold prices in Pakistan remain close to historic highs. The precious metal had reached an all-time high of Rs572,862 per tola on January 29, 2026, reflecting strong demand and volatility in international markets.
Gold Price per 10 Grams Also Falls
The price of 24-karat gold per 10 grams also recorded a notable decrease in the domestic market. It declined by Rs6,087, settling at Rs457,186, compared with the previous closing price of Rs463,273.
Traders said the drop in local gold prices mirrors the movement in global bullion markets, which have recently shown increased volatility due to geopolitical and economic uncertainties.
Global Gold Market Trend
In international markets, gold prices fell by $71 per ounce, closing at $5,105, down from the previous level of $5,176 per ounce.
Bullion market experts attribute the decline primarily to fluctuating investor sentiment amid ongoing geopolitical tensions in the Middle East and global trade disputes, which continue to influence commodity markets worldwide.
Outlook for Gold Prices
Analysts note that gold prices are likely to remain volatile in the coming weeks as investors closely monitor global economic signals, geopolitical developments, and demand for safe-haven assets.
Even with the latest decline, the precious metal continues to attract strong interest from investors and jewelry buyers in Pakistan, where gold remains a key store of value and an important part of traditional savings.