KARACHI: Gold prices in Pakistan registered a decline on Friday, March 27, 2026, in line with a slight downturn in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association.
The price of 24-karat gold per tola fell by Rs1,000, settling at Rs467,262 compared to Rs468,262 a day earlier. Likewise, the rate for 10 grams of 24-karat gold decreased by Rs787, closing at Rs400,601 from Rs401,459.
Silver also witnessed a minor drop, with per tola prices easing by Rs30 to reach Rs7,454.
Globally, gold prices dipped by $10, closing at $4,445 per ounce versus $4,455 in the previous session.
Despite the recent decline, market analysts remain optimistic about gold’s long-term outlook, emphasizing its traditional role as a safe-haven asset during times of economic and geopolitical uncertainty. Experts note that gold’s limited supply and independence from government policies make it a preferred hedge against inflation, currency devaluation, and financial instability.
Analysts attribute the latest price fluctuations to rising oil costs and heightened geopolitical tensions, particularly in the wake of recent military developments involving the United States, Israel, and Iran, which have added to global market uncertainty.
Historically, such uncertainties tend to push investors away from high-risk assets toward more stable investments like gold, reinforcing its importance as both a store of value and a financial safeguard.
