Gold Prices in Pakistan Drop by Rs5,500 Amid Geopolitical Tensions

Gold prices in Pakistan have seen a sharp decline, falling by Rs5,500 to Rs479,562 per tola as of April 30, 2026. This drop follows a previous decrease earlier in the week, highlighting the reactive nature of precious metals to global economic conditions. The international market is currently facing uncertainty due to geopolitical tensions in the Middle East and concerns over U.S. monetary policy, which have contributed to the bearish sentiment in the local bullion market. Silver prices have also declined, now standing at Rs7,766 per tola, indicating a broader trend of volatility in precious metals.