Gold and Silver Lose Momentum in Global Trade
Global Bullion Market Sees Major Decline in Afternoon Trading
Precious metals faced strong selling pressure on Tuesday afternoon, May 12, 2026, as both gold and silver prices dropped in the international market. The latest decline also impacted bullion prices in Pakistan, where local rates moved lower alongside global trends.
According to market data recorded at 2:55 PM, the international price of one ounce of gold was recorded at $4,700, marking a sharp decrease of nearly $33.0 per ounce. Analysts believe the decline came amid changing investor sentiment and ongoing volatility in global financial markets.
Silver prices also moved downward during the same trading session. One ounce of silver was recorded at $84.0, showing a decrease of approximately $2.0 per ounce.
Also read : Gold Slips as Silver Climbs in Global Market — May 12, 2026
Pakistan Market Update
The downward trend in international bullion markets also influenced local prices across Pakistan.
Latest Pakistan Bullion Prices
- Per Tola Gold: Rs. 481,000
- Per Tola Silver: Rs. 8,650
Bullion traders say local market activity remained cautious as buyers waited for further international market direction before making large transactions.
Why Are Precious Metal Prices Falling?
Market experts suggest several factors may be contributing to the latest decline in gold and silver prices:
- Increased pressure from global financial markets
- Investor profit-taking after recent highs
- Movement in the US dollar and bond yields
- Uncertainty surrounding economic outlooks
While gold is traditionally viewed as a safe-haven asset, short-term market fluctuations often affect investor behavior and trading volumes.
Key Highlights
International Market
- Gold: $4,700 per ounce (down by $33.0)
- Silver: $84.0 per ounce (down by $2.0)
Pakistan Market
- Gold: Rs. 481,000 per tola
- Silver: Rs. 8,650 per tola
Market Outlook
Analysts expect continued volatility in the bullion market as investors closely monitor upcoming economic reports and international financial developments. Experts advise traders and consumers to stay updated with daily market movements before making investment decisions.
A high-quality featured image showing falling gold and silver charts alongside bullion bars can improve visibility on Google Discover and social platforms.
FAQ
Why did gold prices fall today?
Gold prices declined due to changing investor sentiment, global market pressure, and profit-booking activity.
Why is silver also falling?
Silver prices dropped alongside gold because of weaker market momentum and reduced investor demand.
What is the latest gold price in Pakistan?
The latest per tola gold price in Pakistan is Rs. 481,000.
What is the current silver price in Pakistan?
Silver is currently trading at Rs. 8,650 per tola in Pakistan.
