KARACHI – Gold Rates in Pakistan remained mostly stable on May 9, 2026, despite a decline in international bullion prices. The local bullion market recorded the price of 24-karat gold at Rs494,062 per tola.
According to market data, the price of 10 grams of 24-karat gold settled at Rs423,578. Traders said the local market showed limited movement even after changes in global prices.
The latest Gold Rates show that 22-karat gold was available at Rs447,788 per tola. Meanwhile, 21-karat gold was priced at Rs427,438 per tola, while 18-karat gold reached Rs366,375 per tola.
For smaller quantities, one gram of 22-karat gold was sold at Rs38,392. The price of one gram of 21-karat gold stood at Rs36,647, while 18-karat gold was priced at Rs31,412 per gram.
In the international market, gold prices declined by $27 per ounce. The global rate settled at $4,717 per ounce, including a premium of $20.
Bullion market analysts linked the decline to easing pressure in international commodity markets. However, they noted that local demand and currency factors continue to influence domestic prices.
The latest figures also showed that gold prices in Pakistan dropped by Rs1,400 per tola compared to previous trading sessions. Despite the decrease, overall prices remain significantly higher than earlier months.
Last week, gold prices fluctuated sharply in the local market. On May 5, rates ranged between Rs476,000 and Rs477,500 per tola. On April 27, prices climbed close to Rs494,000 per tola before stabilizing again this week.
Meanwhile, silver prices moved in the opposite direction. Silver gained Rs80 per tola and reached Rs8,525 in the local market.
Experts believe precious metal prices may continue to fluctuate due to global economic uncertainty and investor sentiment. Changes in international gold demand, inflation concerns, and currency exchange rates are also affecting market trends.
Jewellers and traders are closely watching upcoming movements in the global bullion market. They expect further changes in Gold Rates if international prices continue to shift in the coming days.
In other news read more about Gold Rates Remain Stable in Pakistan Bullion Market
Pakistan’s bullion market remains highly sensitive to global price movements. Any major change in international gold prices often impacts local rates within a short period.
