Urdu Report Desk
Gold and silver prices declined in Pakistan on Tuesday, September 15, 2026, following a drop in international bullion prices.
According to rates released by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold fell by Rs3,800 per tola in the local market to Rs453,336.
The price of 10 grams of gold also decreased by Rs3,258, reaching Rs388,662.
Previous Gold Prices
On Saturday, the price of gold had increased by Rs400 per tola to Rs457,136.
The latest decline reflects the downward trend in international gold prices, which has also affected the domestic bullion market.
International Gold Prices
In the international market, gold prices fell by $38 to $4,308 per ounce.
The decline in global prices contributed to the reduction in gold rates in Pakistan.
Silver Prices Also Decline
Silver prices also recorded a decrease in the local market.
The price of silver fell by Rs122 per tola, reaching Rs6,802.
Factors Influencing Gold Prices in Pakistan
Gold prices in Pakistan have experienced significant fluctuations over the past year due to changes in the value of the Pakistani rupee, as well as economic and political uncertainty.
Several factors influence gold prices on a daily basis, including supply and demand, the exchange rate between the Pakistani rupee and the US dollar, international gold prices, interest rates, and investor sentiment.
Some experts consider gold a hedge against inflation. In countries such as Pakistan, demand for the precious metal may also increase during periods of economic or political uncertainty.
Gold is traded globally, much like other major commodities, including oil. Changes in international markets can therefore have a direct impact on local prices.
Gold Price Outlook
Accurately predicting future gold prices in Pakistan remains difficult because the bullion market is subject to continuous fluctuations caused by various economic and market-related factors.
Investors and consumers should therefore monitor both international gold prices and local market rates when assessing potential changes in gold prices.
