KARACHI, May 5, 2026 – The latest gold and silver rates in Pakistan for May 5, 2026 have been released by the All Pakistan Sarafa Gems and Jewelers Association to facilitate traders and the general public.
Bullion prices continued their downward trend, with both gold and silver recording declines in domestic as well as international markets.
Latest Gold and Silver Rates
| Commodity | Rate | Change |
| Gold 24K per tola | Rs477,862 | – Rs2,100 |
| Gold 24K per 10 grams | Rs409,689 | – Rs1,801 |
| Gold 22K per 10 grams | Rs378,561 | – Rs1,651 |
| Gold per ounce (global) | $4,555 | – $21 |
| Silver 24K per tola | Rs7,849 | – Rs65 |
| Silver 24K per 10 grams | Rs6,729 | – Rs55 |
| Silver per ounce (global) | $73.65 | – $0.65 |
Market Analysis
Gold prices in Pakistan extended their losing streak for the third consecutive day, primarily due to declining international rates and shifting investor sentiment.
Experts noted that global uncertainty, particularly tensions around key oil shipping routes, has triggered volatility across commodity markets. While gold is typically considered a safe-haven asset, short-term fluctuations often follow broader financial market movements.
Similarly, silver prices also moved downward in line with global trends, reflecting weaker demand and price corrections in international markets.
Outlook for Bullion Market
Analysts believe that gold and silver prices may remain volatile in the near term, depending on geopolitical developments and global economic signals.
Investors and traders are advised to closely monitor international price movements, as local bullion rates are heavily influenced by global market dynamics.