Gold prices in Pakistan saw a notable decline on May 5, 2026, reflecting a downward trend in both local and international markets.
According to Beyond Time News, the price of 24-karat gold per tola fell by Rs2,100, settling at Rs477,862 compared to Rs479,962 in the previous session.
Latest Gold Rates in Pakistan
- 24K gold (per tola): Rs477,862 (down Rs2,100)
- 24K gold (10 grams): Rs409,689 (down Rs1,801)
- 22K gold (10 grams): Rs375,561 (down Rs1,651)
International Gold Market Update
Globally, gold prices also declined, dropping by $21 to $4,555 per ounce, down from $4,576.
Silver Prices Also Decline
Silver followed the same trend in both local and global markets:
- Silver (per tola): Rs7,849 (down Rs65)
- Silver (10 grams): Rs6,729 (down Rs55)
- International silver price: $73.65 per ounce (down $0.65)
Why Are Gold Prices Falling?
According to Beyond Time News, market analysts link the drop in bullion prices to ongoing global geopolitical developments, including tensions involving the United States and Iran, along with broader economic uncertainty.
Gold Prices Drop Sharply in Pakistan as Global Rates
Long-Term Outlook for Gold
Despite short-term fluctuations, experts remain optimistic about gold’s long-term value. It continues to be seen as a safe-haven investment, especially during times of economic instability.
Gold remains popular among investors due to:
- Its limited supply
- Strong intrinsic value
- Protection against inflation and currency depreciation
- Stability during market volatility
Conclusion
While gold and silver prices have dipped for now, analysts believe demand could rise again if global uncertainty continues, reinforcing gold’s role as a reliable long-term investment.
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