Gold prices in Pakistan fall by Rs2,100 per tola amid global decline

In the local bullion market, the price of gold per tola declined to Rs477,862, while the price of 10 grams decreased by Rs1,801 to Rs409,689

KARACHI: (UrduPoint/UrduPoint / Pakistan Point News-May 5^th, 2026) Gold prices in Pakistan dropped by Rs2,100 per tola on Tuesday, continuing a downward trend in line with falling international rates for the fourth consecutive day.

In the local bullion market, the price of gold per tola declined to Rs477,862, while the price of 10 grams decreased by Rs1,801 to Rs409,689.

The decline follows a drop in global prices, where gold fell by $21 per ounce to settle at $4,555 in the international bullion market.

Market analysts attributed the decrease to easing geopolitical tensions, particularly between the United States and Iran, which has reduced demand for gold as a safe-haven asset.

Additionally, selling pressure after recent record highs and a strengthening US Dollar have weighed on prices.

Silver prices also recorded a decline. In Pakistan, silver per tola fell by Rs65 to Rs7,849, while the price of 10 grams dropped by Rs55 to Rs6,729. In the global market, silver prices decreased by 65 cents per ounce to $73.65.

The experts believed that despite the short-term decline, the gold is likely to retain its importance as a safe investment in the long term.