Gold prices see massive drop in Pakistan after $110 global fall

Gold prices see massive drop in Pakistan after $110 global fall

Gold prices drop in Pakistan after $110 crash. File photo

March, 26 2026

(Web Desk): Gold prices dropped in Pakistan as per tola rate fell to Rs468,262 after Rs11,000 decline following a $110 crash in global market.

Gold prices in Pakistan saw a sharp fall on Thursday, surprising many investors and buyers. In the local market, the price of gold per tola dropped by Rs11,000, bringing it down to Rs468,262.

Similarly, the price of 10 grams of gold also declined significantly. It fell by Rs9,430 and was recorded at Rs401,459, according to the All-Pakistan Gems and Jewellers Sarafa Association.

Just a day earlier, the market showed the opposite trend. On Wednesday, gold prices had surged, with per tola rate reaching Rs479,262 after a strong increase of Rs15,200. This sudden shift has raised questions among traders about market stability.

The main reason behind this drop is the international market. Globally, gold prices fell by $110 per ounce, bringing the rate down to $4,455 with an additional premium of $20. This sharp decline directly impacted local prices in Pakistan.

Meanwhile, silver prices also followed the same trend. The price of silver per tola decreased by Rs340 and settled at Rs7,484.

Experts say such fluctuations are often linked to global economic changes, currency strength, and investor behavior. When international prices fall quickly, local markets react almost immediately.

Gold prices drop because global rates fall fast. Markets are unstable right now. Buyers may see this as a chance, but prices can change again quickly.