Gold and Silver Prices Fall Throughout the Day on May 12, 2026
Gold and Silver Market Summary – May 12, 2026
Gold and silver prices remained under pressure throughout Tuesday, May 12, 2026, as both international and Pakistani bullion markets witnessed fluctuations from morning till night. While silver initially showed strength during the morning session, both precious metals eventually moved into negative territory by the afternoon and continued declining into the night.
The biggest highlight of the day was the continuous fall in gold prices, while silver also lost momentum after showing early gains.
Morning Update – 9:39 AM
During the early trading session in the international market, gold prices declined while silver prices recorded a slight increase.
International Market Rates
- Gold Price: $4725 per ounce
- Gold Change: -$9.2
- Silver Price: $86.2 per ounce
- Silver Change: +$0.2
Pakistan Market Rates
- Gold (Per Tola): Rs. 482,500
- Silver Rate: Rs. 8,800
At the start of the day, silver managed to stay positive despite weakness in gold prices.
Afternoon Update – 2:55 PM
By the afternoon, market sentiment turned bearish for both metals as gold and silver prices dropped sharply.
International Market Rates
- Gold Price: $4700 per ounce
- Gold Change: -$33.0
- Silver Price: $84.0 per ounce
- Silver Change: -$2.0
Pakistan Market Rates
- Gold (Per Tola): Rs. 481,000
- Silver Rate: Rs. 8,650
The afternoon session showed stronger selling pressure in the bullion market, especially in silver prices.
Night Update – 9:00 PM
By nighttime, the downward trend continued and both metals remained under pressure in the global market.
International Market Rates
- Gold Price: $4668 per ounce
- Gold Change: -$64.0
- Silver Price: $84.2 per ounce
- Silver Change: -$1.8
Pakistan Market Rates
- Gold (Per Tola): Rs. 480,000
- Silver Rate: Rs. 8,650
Gold prices closed the day significantly lower compared to the morning session, while silver also remained weak despite a minor recovery from the afternoon low.
Key Takeaways
- Gold prices declined throughout the day in both international and Pakistani markets.
- Silver prices started with gains in the morning but shifted into negative territory later in the day.
- Pakistan’s per tola gold price dropped from Rs. 482,500 to Rs. 480,000 by night.
- International gold prices fell from $4725 to $4668 per ounce during the day.
Why Did Gold and Silver Prices Fall?
Market analysts believe that global economic uncertainty, stronger investor caution, and fluctuations in the US dollar contributed to pressure on precious metals. Traders remained focused on international market sentiment throughout the day, leading to volatile price movements.
FAQ
Why did silver rise in the morning but fall later?
Silver initially gained due to early buying activity, but broader market pressure pushed prices lower during afternoon and evening trading.
What was the lowest gold rate recorded today?
The lowest international gold rate recorded on May 12, 2026, was $4668 per ounce during the night session.
What was Pakistan’s closing gold price?
Pakistan’s gold price closed near Rs. 480,000 per tola by nighttime trading.
Did silver prices recover at night?
Silver showed a slight improvement from the afternoon session but still remained in negative territory overall.
Also check this : Gold and Silver Lose Momentum in Global Trade
