Gold prices in Pakistan recorded a significant decline on Saturday, March 14, 2026, following a fall in international bullion markets. The drop marks the second consecutive day of decreasing gold prices in the country.
According to market reports, the price of 24-karat gold per tola fell by Rs8,700, bringing the new rate down to Rs524,562. On the previous trading day, the price had stood at Rs533,262 per tola.
Similarly, the price of 10 grams of 24-karat gold also dropped sharply. It decreased by Rs7,459, settling at Rs449,727, compared with Rs457,186 a day earlier.
Silver prices followed the same downward trend. The price of silver declined by Rs310 per tola, reaching Rs8,541 in the local market.
The change in local prices reflects developments in the international market. Globally, gold prices dropped by $87, bringing the rate to around $5,018 per ounce.
Experts say the recent fluctuations in precious metal prices are linked to growing geopolitical tensions. Rising oil prices and ongoing conflict involving the United States, Israel and Iran have created uncertainty in global financial markets.
When global economic conditions become unstable, investors often move their money into safer assets such as gold. Because of this, gold prices can rise or fall quickly depending on international events and market sentiment.
Despite the recent decline, gold remains one of the most trusted assets worldwide. Many people purchase gold not only for jewelry but also as a way to protect their wealth during times of economic uncertainty.
Market analysts believe that gold prices may continue to fluctuate in the coming days as investors closely watch global political developments and changes in international oil prices.