Gold prices in Pakistan have seen significant declines, reflecting global market trends and local economic conditions. On May 4, 2026, the gold price per tola decreased by Rs3,800 to reach Rs479,962.
The price of 10-gram gold also fell by Rs3,257, settling at Rs411,490. These changes follow a broader trend where the international rate of gold dropped by $38, now standing at $4,576 per ounce.
On Tuesday, the situation worsened as gold prices fell further by Rs8,900, bringing the price per tola to Rs485,062. The 10-gram price also saw a decline of Rs7,630, reaching Rs415,862.
This decline reflects ongoing fluctuations in the international gold market. The price of gold per ounce dropped sharply by $89 to $4,627.
Similar trends are evident in other regions. For instance, gold prices in Saudi Arabia also fell, with the price per tola decreasing to SAR 6,851.04.
The current situation is influenced by geopolitical tensions and inflation concerns affecting global markets. Investors are closely monitoring these developments as they impact both local and international pricing.
The future of gold prices remains uncertain as economic conditions evolve globally. Analysts suggest that continued geopolitical issues may further influence these trends.