Karachi, March 12, 2026: The All Pakistan Sarafa Gems and Jewelers Association has released the latest gold and silver prices in Pakistan for Thursday, March 12, 2026, to facilitate the general public, investors, and bullion market traders.
According to the association, gold prices in the local bullion markets recorded a decline in line with fluctuations in international commodity markets. The price of 24-karat gold per tola dropped by Rs2,900, reflecting changes in global gold rates and currency parity.
Similarly, the price of 24-karat gold per 10 grams fell by Rs2,486, while 22-karat gold per 10 grams also witnessed a notable decline during the trading session. Silver prices in the local market also moved downward amid softening global precious metal rates.
Market experts noted that precious metal prices in Pakistan are influenced by international market trends as well as exchange rate movements.
Gold and Silver Prices in Pakistan – March 12, 2026
| Metal | Unit | Price | Change |
| Gold (24K) | Per Tola | Rs540,362 | -Rs2,900 |
| Gold (24K) | Per 10 Grams | Rs463,273 | -Rs2,486 |
| Gold (22K) | Per 10 Grams | Rs424,682 | -Rs2,279 |
| Gold (Global) | Per Ounce | $5,176 | -$29 |
| Silver (24K) | Per Tola | Rs9,175 | -Rs179 |
| Silver (24K) | Per 10 Grams | Rs7,866 | -Rs153 |
| Silver (Global) | Per Ounce | $86.91 | -$1.79 |
The association further explained that local gold and silver prices are closely linked to international bullion rates and the interbank exchange rate issued by the State Bank of Pakistan. Any fluctuations in global markets or the Pakistani rupee against the US dollar can directly impact the prices of precious metals in the domestic market.
Bullion traders expect continued volatility in gold and silver prices as global economic uncertainty and geopolitical developments influence commodity markets worldwide.