Gold price Pakistan fell by Rs15,500 per tola on Friday, May 15, 2026, as 24-karat gold settled at Rs476,862, the All Pakistan Sarafa Gems and Jewellers Association said.
The previous trading day’s rate stood at Rs492,362 per tola, according to the association’s rates. The price of 10 grams of 24-karat gold dropped by Rs13,289 to Rs408,832 from Rs422,121, the association said.
International bullion also weakened, with gold falling by USD 155 per ounce to USD 4,545 from USD 4,700.
Silver prices followed the downward trend. The price of silver per tola fell by Rs972 to Rs8,232 from Rs9,204.
Market analysts linked the volatility to shifting geopolitical signals between the United States and Iran, as well as broader global economic uncertainty.
Kyle Rodda said comments from the Trump administration about the ceasefire holding, along with optimism over a possible US-Iran deal, were supporting the gold market for now.
Analysts maintained a positive long-term view of bullion, citing gold’s role as a safe-haven asset during periods of inflation, currency weakness and market volatility.
