Gold Prices Now Close To Rs. 5 Lac Per Tola After Massive Decrease 2026. Gold prices in Pakistan have fallen sharply, surprising investors and buyers alike. After a massive decline, gold is now trading close to Rs. 5 lac per tola, raising fresh questions about market direction, investment timing, and future trends.
Gold Prices See Major Drop in Pakistan
The local bullion market recorded one of its steepest single-day declines in recent months. According to the All Pakistan Sarafa Gems and Jewellers Association, gold prices dropped significantly across all major weight categories.
This sudden correction comes after weeks of record-breaking highs, where gold touched historic levels in Pakistan.
Latest Gold Prices in Pakistan (Today’s Rates)
Updated Gold Rates (Local Market)
| Gold Type | Weight | Price After Decrease |
|---|---|---|
| 24-Karat Gold | Per Tola | Rs. 507,762 |
| 24-Karat Gold | 10 Grams | Rs. 435,324 |
| 22-Karat Gold | 10 Grams | Rs. 399,061 |
The price of 24-karat gold per tola fell by Rs. 21,400, bringing it dangerously close to the psychological Rs. 5 lac mark.
Silver Prices Also Decline Sharply
Gold was not alone in this downward trend. Silver prices followed the same path, reflecting broader weakness in precious metals.
Latest Silver Prices
| Silver Type | Weight | New Price |
|---|---|---|
| Silver | Per Tola | Rs. 7,825 |
| Silver | 10 Grams | Rs. 6,708 |
The per tola silver price dropped by Rs. 1,430, signaling reduced speculative demand in the short term.
International Gold and Silver Market Update
The domestic decline mirrors heavy losses in global markets.
Global Precious Metal Prices
- Gold: Down $214 to $4,850 per ounce
- Silver: Down $14.30 to $73.50 per ounce
International spot prices weakened after profit-taking by institutional investors and easing geopolitical tensions.
Why Did Gold Prices Fall So Sharply?
Several interconnected factors contributed to this sudden correction.
1. Global Profit-Taking Pressure
After touching record highs, international investors booked profits. This immediately affected local prices.
2. Stronger US Dollar
A firm US dollar often pushes gold prices lower, as gold becomes expensive for non-dollar buyers.
3. Reduced Safe-Haven Demand
As global economic fears cooled slightly, investors shifted funds away from safe assets like gold.
4. Local Market Adjustment
Pakistani gold prices had surged faster than global trends. This drop appears to be a natural market correction.
Is Gold Still Expensive in Pakistan?
Despite the decline, gold remains historically expensive.
- Prices are still far above 2024 and early 2025 levels
- Buying power of average households remains under pressure
- Jewelry demand may stay limited in the short term
However, long-term investors continue to view gold as a store of value amid inflation and currency risks.
What This Means for Gold Buyers
For Jewelry Buyers
This dip offers temporary relief, especially for wedding purchases. But volatility remains high.
For Investors
Short-term traders should remain cautious. Long-term holders may consider gradual buying, not lump-sum investment.
For Traders
Daily fluctuations are expected. Price swings may continue until global markets stabilize.
Gold Price Trend: 2025 vs 2026
| Year | Average Price Per Tola | Market Trend |
|---|---|---|
| 2025 | Rs. 430,000 – 470,000 | Gradual rise |
| Early 2026 | Rs. 500,000+ | Highly volatile |
The data shows that 2026 has started with extreme price movements, unlike the relatively steady rise of 2025.
Impact on Pakistan’s Economy
Gold price volatility affects multiple sectors:
- Jewelry industry margins shrink
- Import costs fluctuate
- Consumer spending patterns shift
- Informal gold trading increases
The situation also influences investor sentiment in other asset classes such as real estate and foreign currency.
Should You Buy Gold Now or Wait?
There is no one-size-fits-all answer.
Consider buying now if:
- You need gold for immediate personal use
- You plan long-term holding
- You buy in small quantities
Consider waiting if:
- You are a short-term trader
- Global uncertainty remains high
- Dollar strength continues
Expert Outlook for Gold Prices in 2026
Market analysts expect continued volatility throughout 2026.
Possible scenarios include:
- Short-term rebounds
- Periodic corrections
- Strong long-term support above Rs. 4.5 lac per tola
Global interest rates, inflation data, and geopolitical events will remain key drivers.
FAQs
Why did gold prices drop in Pakistan today?
Gold prices fell due to a sharp decline in international markets, profit-taking, and reduced safe-haven demand.
Is gold now cheaper in Pakistan?
Gold is cheaper compared to recent record highs but still expensive compared to historical averages.
Will gold prices fall below Rs. 5 lac per tola?
Short-term dips below Rs. 5 lac are possible, depending on global market movements.
Is this a good time to invest in gold?
For long-term investors, gradual buying may be a safer strategy than waiting for the perfect price.
Do silver prices follow gold trends?
Yes, silver often moves alongside gold, especially during market corrections.
Conclusion
Gold prices in Pakistan have moved dangerously close to Rs. 5 lac per tola after a massive one-day drop. While the correction offers temporary relief, uncertainty remains high in both local and international markets.
