Gold prices recorded a noticeable decline in both international and local markets on Friday, while silver prices moved higher during the same period. In the global bullion market, the price of gold per ounce dropped by $34 and settled near $5,110. Meanwhile, investors closely monitored economic signals and inflation concerns that continued to influence commodity prices. The mixed movement of precious metals reflected shifting investor sentiment in global financial markets.
In Pakistan, the domestic gold market also witnessed a significant drop in prices. The price of gold per tola decreased by Rs3,400 and reached Rs533,762 during the latest trading session. Similarly, the rate for 10 grams of gold declined by Rs2,915 and settled at Rs457,614. This decline followed the downward trend in international bullion markets, which directly influences gold pricing in the local market.
Read more : Gold price drops Rs13,900 per tola in Pakistan
Meanwhile, silver prices moved in the opposite direction and recorded an increase in the domestic market. The price of silver per tola rose by Rs104 and reached Rs8,914. At the same time, the price of 10 grams of silver increased by Rs89 to settle at Rs7,642. The upward movement suggested stable demand for silver despite the decline seen in gold prices during the same trading session.
In the international market, spot gold showed a slight recovery after earlier losses and traded about 0.8 percent higher at around $5,117 per ounce. However, the precious metal has still lost nearly three percent during the current week. Analysts believe fading expectations of interest rate cuts and rising inflation concerns linked to higher global energy prices have pressured gold prices.
Other precious metals also posted gains in global markets during the session. Spot silver climbed about 2.4 percent to $84.12 per ounce, while platinum rose nearly 1.4 percent to reach $2,150.70. Palladium also gained around two percent and traded close to $1,662.72. These increases reflected continued interest in alternative precious metals as investors adjusted their portfolios.
Read more : Gold prices plunge to record one-day low in Pakistan –
Meanwhile, Pakistan’s foreign exchange reserves also recorded a modest improvement during the week ending February 27, 2026. The State Bank of Pakistan reported an increase of $87 million in its reserves, which reached $16.3 billion. The rise in reserves offered slight support to overall economic stability, although market participants continued to monitor global financial developments closely.