Weekly Gold & Silver Market Summary – Global & Pakistan Trends

Gold and Silver Market Weekly Summary (10–16 May 2026)

Gold and silver prices witnessed strong fluctuations throughout the week as both international and Pakistani bullion markets reacted to changing global economic conditions. From record highs at the start of the week to noticeable declines near the end, investors closely monitored the movement in precious metal rates.

Also read : Gold & Silver Prices Drop Sharply in International Market – 16 May 2026

Gold Prices Show Volatile Trend During the Week

The week started with gold reaching a strong position in both international and local markets.

• On 10 May 2026, gold prices were recorded at $4613 in the international market, while in Pakistan the price of one tola gold reached Rs. 483,000.
• On 11 May, the international rate climbed further to $4730, whereas the Pakistani market remained stable at Rs. 483,000.
• By 12 May, gold prices slightly declined to $4668 internationally and Rs. 480,000 locally.
• In the middle of the week, on 13 May, gold recovered again and was recorded at $4700 internationally and Rs. 481,000 in Pakistan.
• On 14 May, prices softened slightly to $4684 internationally and Rs. 480,000 locally.
• A major drop was seen on 15 May, when gold prices fell to $4542 internationally and Rs. 469,000 in Pakistan.
• On 16 May, the market remained almost unchanged with gold recorded at $4539 internationally and Rs. 469,000 locally.

Silver Prices Also Witnessed Major Ups and Downs

Silver prices followed a similar trend throughout the week with noticeable volatility.

• On 10 May, silver prices stood at $80.2 internationally and Rs. 8,700 in Pakistan.
• On 11 May, silver increased to $85.7 globally and Rs. 8,800 locally.
• By 12 May, the rate slipped to $84.2 internationally and Rs. 8,650 in Pakistan.
• Midweek, on 13 May, silver touched one of the week’s highest levels at $89.0 internationally and Rs. 8,950 locally.
• On 14 May, prices declined again to $84.7 internationally and Rs. 8,600 in Pakistan.
• A sharp decrease was recorded on 15 May, when silver dropped to $76.3 internationally and Rs. 7,600 locally.
• On 16 May, silver slightly stabilized at $75.8 internationally and Rs. 7,800 in Pakistan.

Key Weekly Takeaways

• Gold reached its weekly peak on 11 May in the international market at $4730.
• Silver recorded its highest level on 13 May at $89.0 internationally.
• Pakistani bullion markets also reflected heavy fluctuations during the week.
• Both metals ended the week lower compared to their midweek highs.

FAQ

Why did gold and silver prices fluctuate this week?

Global economic uncertainty, currency movements, and investor sentiment likely influenced the rise and fall in precious metal prices.

What was the highest gold price this week?

The highest international gold rate was $4730 on 11 May 2026.

What was the lowest silver price during the week?

Silver recorded its weekly low at $75.8 internationally on 16 May 2026.

Did Pakistani market rates follow international trends?

Yes, Pakistani gold and silver prices generally moved in line with international market fluctuations throughout the week.