Table of Contents
Gold Drops as Global Market Softens
Gold prices in Pakistan fell by Rs800 per tola on Tuesday, bringing the price down to Rs465,336, according to rates issued by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). The decline tracked a pullback in international bullion markets, where spot gold slipped $8 to **$4,428 per ounce**.
It’s the second straight day of losses for local gold buyers. Prices dropped Rs1,800 per tola on Monday alone, meaning the metal has shed roughly Rs2,600 per tola in just two trading sessions.
Gold Rates (September 1, 2026)
| Metric | Rate | Change |
|---|---|---|
| Gold per tola | Rs465,336 | ↓ Rs800 |
| Gold per 10 grams | Rs398,950 | ↓ Rs686 |
| International spot gold | $4,428/oz | ↓ $8 |
| Gold premium | $20 | — |
| Silver per tola | Rs7,129 | ↓ Rs50 |
Two-Day Losing Streak
- Monday, August 31:Â Gold per tola fell Rs1,800 to Rs466,136
- Tuesday, September 1:Â Gold per tola fell a further Rs800 to Rs465,336
Tuesday’s decline in Pakistan mirrored a softer session in the global bullion market. International spot gold eased to $4,428 per ounce, pulling local rates lower since Pakistan’s gold prices are pegged closely to international benchmarks, adjusted for the rupee-dollar exchange rate and a standard import premium currently set at $20.
Silver Also Slips
Silver followed gold lower, dropping Rs50 to close at Rs7,129 per tola in the local market.
Gold has been volatile through the last week of August and into September, with local rates swinging by over Rs15,000 per tola in some single sessions as global investors react to signals from the US Federal Reserve and shifting expectations around interest rate policy.
