BUSINESSPublished 29 Apr 2026 • Published 9h ago

Gold Prices in Pakistan Plummet Following International Market Decline

100% NEUTRAL

As of April 29, 2026, gold prices in Pakistan have seen a significant drop, with the price per tola falling by Rs8,900 to Rs485,062, according to the All-Pakistan Gems and Jewellers Sarafa Association. This decline follows a brief increase earlier in the week, reflecting ongoing volatility influenced by international market trends.

Gold Prices in Pakistan Plummet Following International Market Decline

Detailed Analysis

On April 28, 2026, gold prices in Pakistan dropped sharply after a downturn in the international market, with the price per tola decreasing to Rs485,062 and the price for 10 grams falling to Rs415,862. The global market also saw a decline, with gold prices dropping by $89 per ounce, settling at $4,627. Silver prices also experienced volatility, decreasing by Rs238 per tola to reach Rs7,811.