Gold & Silver Weekly Market Recap: Global & Pakistan Price Trends

Gold & Silver Weekly Market Summary (June 28 – July 4, 2026)

After a volatile start, both gold and silver ended the week on a strong note in the international and Pakistani markets. Prices initially declined during the first two trading sessions before gradually recovering through the middle of the week and closing at their highest levels by July 4. The overall trend reflected renewed buying interest and improving market sentiment.

Gold Price Performance Throughout the Week

Gold opened the week on June 28 at $4,088 per ounce in the international market, while the price in Pakistan stood at Rs. 439,000 per tola.

A noticeable decline followed on June 29, with international prices falling to $4,026, while the Pakistani market dropped to Rs. 432,000 per tola. On June 30, international gold edged slightly higher to $4,028, although Pakistan’s market eased further to Rs. 431,500.

The market changed direction from July 1, as gold climbed to $4,083 internationally and Rs. 436,500 in Pakistan. The positive momentum continued on July 2, reaching $4,108 globally, while Pakistan recorded Rs. 435,000.

Strong buying pressure lifted prices even higher on July 3, when gold touched $4,163 internationally and Rs. 441,000 per tola in Pakistan. The rally continued into July 4, with gold finishing the week at $4,174 per ounce globally and Rs. 442,500 per tola in Pakistan, marking the week’s highest closing levels.

Silver Price Performance Throughout the Week

Silver followed a similar path. The week began on June 28 with international silver priced at $59.1 per ounce, while Pakistan recorded Rs. 7,150 per tola.

On June 29, prices softened to $58.0 internationally and Rs. 6,850 in Pakistan. However, silver recovered on June 30, rising to $59.6 globally and Rs. 7,000 locally.

By July 1, silver strengthened further to $60.3 internationally, while Pakistan reached Rs. 7,050. The upward trend continued on July 2, with international prices touching $60.4, although Pakistan remained steady at Rs. 7,000.

The strongest gains arrived during the final two trading days. On July 3, silver climbed to $62.2 internationally and Rs. 7,200 in Pakistan. The market remained firm on July 4, ending the week at $62.3 per ounce globally, while Pakistan held steady at Rs. 7,200 per tola.

Key Weekly Highlights

• Gold experienced an early-week correction before staging a strong recovery.
• International gold reached its weekly high on July 4.
• Pakistan’s gold market also closed the week at its highest recorded level.
• Silver followed the same recovery pattern after a brief decline.
• Both international and local silver markets finished the week with positive momentum.
• Overall, precious metals ended the week significantly stronger than they were during the early trading sessions.

Weekly Outlook

The price action throughout the week highlighted how quickly market sentiment shifted after the initial decline. Both gold and silver demonstrated steady strength from midweek onward, allowing them to recover losses and finish the week at or near their highest levels. Investors will now be watching upcoming global economic developments and financial market sentiment to determine whether this upward momentum continues into the following week.

Frequently Asked Questions (FAQ)

Why did gold prices recover after falling early in the week?

Gold rebounded as buying interest returned during the middle of the week, helping prices recover from the initial decline and finish at weekly highs.

Did silver follow the same trend as gold?

Yes. Silver also declined at the beginning of the week before posting consistent gains through the remaining trading sessions.

Which day recorded the highest prices?

Both gold and silver recorded their highest international prices on July 4, 2026, while Pakistan’s gold market also reached its weekly peak on the same day.

Also read : Gold & Silver Prices Surge Today – July 4, 2026 Market Update