Gold Price increased in Pakistan Rs464,062 After Historic Drop
The gold price in Pakistan witnessed a dramatic turnaround on Tuesday, March 24, 2026, surging by Rs16,300 per tola to settle at Rs464,062 . This sharp recovery follows Monday’s historic plunge, when gold prices had crashed by a staggering Rs43,600 per tola to hit Rs447,762—one of the steepest single-day declines ever recorded in the domestic market .
Today’s Gold and Silver Rates in Pakistan (March 24, 2026)
Gold Price : Metal & Purity Unit Price PKR Change
- Gold 24K Per Tola Rs464,062 +Rs16,300
- Gold 24K 10 Grams Rs397,858 +Rs13,975
- Gold 22K 10 Grams Rs364,716 +Rs12,810*
- Silver 24K Per Tola Rs7,454 +Rs570
- Silver 24K 10 Grams Rs6,390 +Rs489
- *22K rate calculated as approximately 91.67% of 24K rate
All rates are based on data released by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA) .
Read Also Here: Gold and Silver Price Decline in Pakistan Today
The Historic Monday Crash
The gold price in Pakistan experienced an unprecedented decline on Monday, plunging below the critical Rs450,000 mark for the first time in weeks. The per tola price fell by Rs43,600 to Rs447,762, while 10-gram gold dropped by Rs37,380 to Rs383,883 . Silver also took a hit, declining by Rs800 to Rs6,884 per tola.
Why Did Gold Crash?
The dramatic sell-off was triggered by easing geopolitical tensions in the Middle East. According to market analysts, the sharp correction came after former US President Donald Trump indicated that the United States had engaged in “productive” talks with Iran and ordered a temporary halt to potential strikes on Iranian energy infrastructure for five days . This development significantly reduced safe-haven demand for gold.
Globally, spot gold initially dropped more than 8% to a session low of $4,097.99 per ounce before recovering partially . The international price fell by $436 to $4,250 per ounce, marking one of the steepest declines in recent history .
Adnan Agar, Director at Interactive Commodities, noted that gold experienced extreme intra-day volatility. “Markets are reacting to expectations of reduced conflict intensity, but the situation is still fluid. Any breakdown in talks could quickly reverse the trend,” he said .
Tuesday’s Strong Rebound
The gold price in Pakistan bounced back sharply on Tuesday, tracking gains in international markets. Globally, gold surged by $163 to reach $4,413 per ounce (including a $20 premium) . This global recovery directly impacted local prices, pushing them higher across all categories.
Silver also followed the upward trend, gaining Rs570 per tola to reach Rs7,454 .
Market Outlook and Analyst Views
Despite Tuesday’s rebound, the broader outlook for gold remains uncertain. Spot gold has declined around 18% since the onset of the US-Israel conflict with Iran on February 28 . The US dollar has strengthened considerably as a preferred safe-haven asset, putting additional pressure on gold prices.
Analysts have attributed the recent dip to a dramatic sell-off as investors began taking profits after the precious metal reached all-time highs . However, they caution that the decline may not continue indefinitely, as the prevailing tensions between Iran and the US could quickly reverse the trend .
Experts note that the $4,000 level remains critical for global gold prices. A sustained break below this threshold could push prices towards $3,800 in the near term, while any breakdown in diplomatic talks could trigger another sharp reversal upward .
Investor Considerations
For Pakistani investors, the current volatility presents both risks and opportunities. The gold price in Pakistan has experienced extreme fluctuations over the past 48 hours, reflecting the market’s sensitivity to geopolitical headlines. Those considering gold purchases should monitor international cues, US dollar movements, and developments in US-Iran diplomatic talks closely.
Analysis by Best Pak Mag:
The gold price in Pakistan has demonstrated extraordinary volatility over the past 48 hours, with Monday’s historic Rs43,600 plunge followed by Tuesday’s Rs16,300 rebound. This dramatic swing underscores gold’s extreme sensitivity to geopolitical developments, particularly US-Iran tensions . Monday’s crash was triggered by signals of diplomatic progress and reduced conflict intensity, which sharply reduced safe-haven demand. Tuesday’s recovery, however, shows that uncertainty remains high and markets remain on edge . For Pakistani investors, this volatility presents both opportunities and risks. Those who bought at Monday’s lows are already seeing significant gains, while those who purchased at recent highs may be facing losses. The key question now is whether gold can sustain its recovery. Analysts have identified the $4,000 global price level as a critical support—a break below could push prices toward $3,800 . Conversely, any breakdown in US-Iran diplomatic talks could trigger another sharp reversal upward. As the market digests the implications of shifting geopolitical dynamics and interest rate expectations, further volatility appears likely. Investors should exercise caution, monitor international cues closely, and consider their risk tolerance before making significant gold purchases.
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