Gold Prices Drop in Pakistan on August 19, 2026: Check Latest Rates

Gold prices in Pakistan experienced a noticeable decline on Wednesday, August 19, 2026, following a downward trend in global market rates. The drop comes as international investors adjust their positions amid ongoing geopolitical developments across the globe.

According to official figures released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold decreased significantly across local markets.

Detailed Breakdown of Today's Gold & Silver Rates

1. 24-Karat Gold Rates

• Price Per Tola: Dropped by Rs 3,700 to settle at Rs 458,236 (down from Rs 461,936).

• Price Per 10 Grams: Decreased by Rs 3,172 to reach Rs 392,862.

2. Silver Rates

• Price Per Tola: Reduced by Rs 186, bringing the new price to Rs 6,800.
  
  

International Market Trends and Global Context

In the international bullion market, gold prices fell by $37, settling at $4,358 per ounce. Financial analysts note that the global dip impacted local bullion rates in Pakistan directly.

Commodity experts attribute the broader market movements to geopolitical developments in the Middle East. Maritime traffic data revealed a slowdown in cargo vessels passing through the Strait of Hormuz, a vital global trade checkpoint, as shipowners navigated post-blockade uncertainties.

Gold is widely considered a safe-haven asset during times of economic or geopolitical uncertainty. When global risks shift, investors often adjust their holdings, which leads to price fluctuations in bullion markets worldwide.

Related Economic Updates

In other major domestic news, the government announced an upcoming reduction in diesel prices, with an official notification expected shortly.

For daily gold rate updates, market news, and economic insights across Pakistan, stay connected with Aagahi Hub.