Domestic bullion rates decline as international gold prices drop $24 per ounce amid geopolitical tensions and inflation concerns

KARACHI, September 7, 2026: Gold prices in Pakistan fell by Rs2,400 per tola on Monday, following a decline in international bullion prices amid continued uncertainty in global markets.

According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold fell to Rs463,136 per tola, compared with the previous closing price of Rs465,536.

The price of 24-karat gold also decreased by Rs2,058 per 10 grams, falling to Rs397,064 from Rs399,122 in the previous session.

Global uncertainty weighs on gold prices

Bullion market analysts attributed the decline in domestic gold prices to the weakening trend in international markets.

They said escalating tensions in the Middle East and rising global inflation were contributing to volatility in gold prices and keeping investors cautious.

The combination of geopolitical uncertainty and inflation trends continues to influence investor sentiment towards precious metals.

International gold price falls $24

In the international market, gold prices dropped by $24 per ounce, closing at $4,406, compared with the previous closing of $4,436.

The decline in international bullion prices was reflected in Pakistan’s domestic market, contributing to Monday’s fall in gold rates.

Market participants are closely monitoring developments in global markets, particularly geopolitical tensions and inflation trends, which are expected to continue influencing gold prices in the coming sessions.