Gold Prices Decline by Rs2,700 in Pakistan as Silver Rises today 9 May 2026
Gold prices dropped sharply in Pakistan’s local bullion market on Friday, while silver prices continued to rise. The decline followed recent strong gains in gold rates earlier this week.Gold Prices Decline by Rs2,700 in Pakistan as Silver Rises today 9 May 2026 According to the All-Pakistan Gems and Jewellers Sarafa Association, both local and international gold markets saw downward movement.
Latest Gold and Silver Rates in Pakistan
| Metal | Unit | Previous price | New price | Change |
| Gold | Per tola | Rs 494,062 | Rs 494,062 | -Rs2,700 |
| Gold | 10 Gram | Rs 425,893 | Rs 423,578 | -Rrs 2,315 |
| Silver | Per tola | Rs 8,445 | Rs 8,525 | +Rs 80 |
| Silver | 10 Grams | Rs 7,240 | Rs 7,308 | +Rs 68 |
International Bullion Market Update
In the international market, gold prices also declined.
| Commodity | International rate | Change |
| Gold | $4,717 per ounce | -$27 |
| Silver | $80.31 per ounce | +2.3% |
| Platinum | $2,051.31 per ounce | +1.5% |
| Palladium | $1,503.77 per ounce | +1.5% |
Read more : Petrol price increase in Pakistan by Rs 14.92 per liter
Recent Gold Price Trend in Pakistan
Thursday
- Gold per tola increased by Rs7,800 to Rs496,762
- Silver per tola rose by Rs373 to Rs8,445
Wednesday
- Gold per tola jumped by Rs11,100 to Rs488,962
- Silver per tola increased by Rs223 to Rs8,072
Tuesday
- Gold per tola dropped by Rs2,100 to Rs477,862
- Silver per tola fell by Rs65 to Rs7,849
Monday
- Gold per tola declined by Rs3,800 to Rs479,962
- Silver per tola decreased by Rs100 to Rs7,914
Why Gold Prices Fell
Experts say the fall in gold prices is linked to:
- Changes in international bullion rates
- Profit-taking after recent sharp gains
- Market uncertainty in global economic conditions
- Fluctuations in the US dollar and oil prices
Silver, however, continued to gain due to strong industrial demand and positive international market movement.
Conclusion
Gold Prices Decline by Rs2,700 in Pakistan as Silver Rises today 9 May 2026 After two days of major gains, gold prices in Pakistan witnessed a strong correction with a Rs2,700 drop per tola. Silver prices, on the other hand, maintained an upward trend. Market analysts expect further volatility in the coming days as international bullion markets remain unstable.
FAQ’s
Why did gold prices fall in Pakistan?
Gold prices declined because international gold rates dropped and local markets adjusted after recent sharp increases.
What is the latest gold price per tola in Pakistan?
The latest gold price is Rs494,062 per tola.
Did silver prices increase?
Yes, silver prices increased by Rs80 per tola to Rs8,525.
Who announces gold rates in Pakistan?
Gold prices are issued by the All-Pakistan Gems and Jewellers Sarafa Association.