Save Our Pak
Karachi (March 13, 2026): Gold prices in Pakistan have dropped again after a noticeable decrease, bringing the new price to Rs533,262 per tola.
According to reports, the decline in the international gold market has also affected local jewelry markets in Pakistan. As a result, both gold and silver prices have recorded a significant drop.
The All Pakistan Sarafa Gems and Jewelers Association announced that the price of gold per tola decreased by Rs7,100 due to falling international rates. After this reduction, the new price of gold reached Rs533,262 per tola.
Similarly, the price of 10 grams of gold decreased by Rs6,087, bringing the new rate to Rs457,186.
In the global market, the price of gold per ounce also fell by 71 dollars, bringing the international rate down to $5,105 per ounce.
Silver prices also declined in the local market. The price of one tola of silver dropped by Rs324, reaching Rs8,851 per tola.
Experts say that gold prices may continue to rise and fall because of changing global economic conditions and the growing interest of investors in gold.
Gold has traditionally been considered a safe investment. During times of inflation, political tension, or economic uncertainty, people often turn to gold as a secure asset.
For centuries, gold has been used as a form of currency and wealth storage. When investors feel uncertain about other financial assets, they usually prefer to invest in gold.
It is also important to note that last year Pakistan changed the method used to determine gold prices. Under the new system, the local gold rate is set 20 dollars per ounce higher than the international market price.
Reported by Save Our Pak
