Gold prices in Pakistan remained unchanged on Wednesday, May 20, 2026, as the precious metal held steady in both local and international markets. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold was recorded at Rs. 250,000 per tola, while 10 grams of 24-karat gold stood at Rs. 214,300. Similarly, 22-karat gold was priced at Rs. 229,167 per tola and Rs. 196,442 per 10 grams.
Stable Global Trends Influence Local Market
The lack of movement in domestic gold prices mirrors stability in international markets, where gold traded near $2,340 per ounce. Market analysts attribute the steady trend to a balance between geopolitical uncertainties and expectations of tighter monetary policies by major central banks. The APSGJA noted that the local market saw moderate demand, with investors adopting a wait-and-see approach amid fluctuating currency exchange rates.
Silver Prices Remain Unchanged
In parallel, silver prices also remained unchanged in the domestic market. The price of silver was quoted at Rs. 3,100 per tola and Rs. 265.78 per 10 grams. The stability in silver prices aligns with the overall calm in the precious metals sector, as traders assess global economic indicators.
The Karachi market witnessed routine trading activity, with jewelers reporting steady sales. The unchanged rates come after a period of volatility in previous weeks, where gold had fluctuated due to international cues and rupee-dollar parity. Experts suggest that any significant movement in gold prices will depend on upcoming US economic data and central bank decisions.
For investors, the current stability offers a window to reassess portfolios, though market watchers advise caution given the potential for sudden shifts in global risk sentiment. The APSGJA continues to monitor international markets closely, providing daily updates to stakeholders.
