Gold Prices Fell, Silver Extended Losses: Weekly Market Review
Gold & Silver Weekly Market Summary (July 12–18, 2026)
The gold and silver markets experienced a volatile trading week between July 12 and July 18, 2026. Gold prices declined during the first half of the week before recovering slightly toward the end, while silver remained under consistent selling pressure throughout the week. Both the international and Pakistan markets followed similar trends, reflecting cautious investor sentiment.
Gold Price Summary
Gold opened the week on July 12 with an international price of $4,120 per ounce, while the Pakistan market recorded Rs. 433,000 per tola.
On July 13, prices declined to $4,014 internationally, with the Pakistan market falling to Rs. 428,000 per tola.
The market recovered on July 14, as international gold increased to $4,066, while Pakistan prices climbed to Rs. 430,500 per tola.
By the middle of the week on July 15, gold eased again to $4,047, and the Pakistan market slipped to Rs. 428,500 per tola.
The week’s lowest point came on July 16, when international gold dropped to $3,999, while Pakistan prices fell to Rs. 427,000 per tola.
Buying interest returned on July 17, lifting international gold to $4,018, although the Pakistan market edged down to Rs. 426,500 per tola.
On July 18, international gold remained unchanged at $4,018, while the Pakistan market also stayed steady at Rs. 426,500 per tola.
Gold Weekly Highlights
- Highest International Price: $4,120 (July 12)
- Lowest International Price: $3,999 (July 16)
- Highest Pakistan Price: Rs. 433,000 per tola (July 12)
- Lowest Pakistan Price: Rs. 426,500 per tola (July 17–18)
Silver Price Summary
Silver also recorded a weaker performance throughout the week.
On July 12, international silver stood at $59.8 per ounce, while the Pakistan market recorded Rs. 6,950 per tola.
On July 13, prices declined to $58.0, and Pakistan silver dropped to Rs. 6,750 per tola.
Silver recovered slightly on July 14, reaching $58.7 internationally, although Pakistan prices slipped further to Rs. 6,650 per tola.
On July 15, international silver eased to $57.7, while Pakistan silver declined to Rs. 6,500 per tola.
The downward trend continued on July 16, with international silver at $56.1 and Pakistan silver at Rs. 6,550 per tola.
On July 17, silver edged slightly lower to $56.0, while Pakistan prices fell to Rs. 6,350 per tola.
The week concluded on July 18, with international silver at $55.9, and the Pakistan market ending at Rs. 6,250 per tola.
Silver Weekly Highlights
- Highest International Price: $59.8 (July 12)
- Lowest International Price: $55.9 (July 18)
- Highest Pakistan Price: Rs. 6,950 per tola (July 12)
- Lowest Pakistan Price: Rs. 6,250 per tola (July 18)
Key Takeaways
- Gold started the week at $4,120 and closed at $4,018 internationally.
- Pakistan gold prices declined from Rs. 433,000 to Rs. 426,500 per tola during the week.
- Silver fell steadily from $59.8 to $55.9 in the international market.
- Pakistan silver prices dropped from Rs. 6,950 to Rs. 6,250 per tola.
- Gold showed signs of stabilization near the weekend, while silver remained under stronger selling pressure.
FAQ
What was the highest gold price this week?
Gold reached its weekly high of $4,120 per ounce internationally and Rs. 433,000 per tola in Pakistan on July 12, 2026.
When did gold record its weekly low?
The international market touched $3,999 per ounce on July 16, while Pakistan’s lowest weekly level was Rs. 426,500 per tola on July 17 and July 18.
How did silver perform during the week?
Silver remained under pressure throughout the week, declining from $59.8 to $55.9 internationally, while Pakistan prices dropped from Rs. 6,950 to Rs. 6,250 per tola.
What was the overall weekly trend?
The overall trend was bearish, with both gold and silver finishing the week below their opening levels, although gold managed a modest recovery during the final two trading sessions.
Also read : Gold and Silver Prices Move Higher in Today’s Market Update
