The numbers

On March 16, 2026, the gold price in Pakistan was recorded at PKR 45,108.69 per gram, while the price per tola stood at PKR 526,135.70. This marked a decrease of Rs 1,800 per tola from the previous price of Rs 524,562, reflecting a broader trend in the gold market.

Additionally, the price of 10 grams of 24 karat gold fell by Rs 1,543, bringing it down to Rs 448,184. Similarly, the price for 10 grams of 22 karat gold decreased by Rs 1,414, now priced at Rs 410,850. These fluctuations indicate a significant shift in gold pricing within the local market.

In tandem with gold price changes, the silver market also saw a decline. The price of silver per tola decreased by Rs 100, settling at Rs 8,441, while the price for 10 grams of silver fell by Rs 86 to Rs 7,236. Such adjustments in precious metal prices are often influenced by international market trends.

On the international front, the price of gold decreased by $18, now standing at $5,000 per ounce. The international silver price also saw a decline, dropping by $1.00 to $79.57. These changes in the global market are crucial as they directly impact local pricing structures.

Historically, gold has been viewed as a safe haven asset, particularly during periods of economic uncertainty or geopolitical tensions. In 2022, central banks around the world added 1,136 tonnes of gold worth approximately $70 billion to their reserves, indicating strong demand for the metal.

Notably, gold reached its all-time high on January 28, 2026, at $5,417.60 per ounce, highlighting the volatility and potential for rapid price changes in the market. The recent decline in prices could be a response to various economic factors, including shifts in demand and changes in investor sentiment.

As the market continues to evolve, observers are keenly watching for further developments in gold prices, both locally and internationally. The daily updates on gold prices in Pakistan reflect the dynamic nature of the market, and details remain unconfirmed regarding future trends.