Gold and silver prices extended their downward trend in both international and local markets, reflecting growing volatility driven by global economic uncertainty and shifting investor sentiment. According to the latest data, gold prices in the international bullion market dropped by $81 per ounce to $4,686, continuing a broader decline observed in recent sessions. In Pakistan, the impact was immediate and significant. The price of gold per tola fell by Rs8,100 to Rs491,362, while the rate for 10 grams declined by Rs6,945 to Rs421,263. Silver prices also followed the same trajectory. The per tola price decreased by Rs50 to Rs7,684, while the 10-gram rate dropped by Rs43 to Rs6,587. Continued Decline Reflects Global Pressures The latest drop comes after a sharp fall recorded a day earlier, when gold prices in Pakistan plunged by Rs24,300 per tola, highlighting the scale of volatility in the bullion market. Globally, gold has been under pressure due to a combination of factors, including rising geopolitical tensions, inflation concerns, and changing expectations around interest rates. Analysts note that bullion markets often react strongly to such macroeconomic shifts, as investors adjust their positions between safe-haven assets and higher-yield investments. Recent international trading data showed gold falling nearly 4 percent in a single session, reaching one of its lowest levels in weeks. Local Market Mirrors International Trends Pakistan’s gold market closely follows global price movements, with rates determined daily by the All-Pakistan Gems and Jewellers Sarafa Association based on international benchmarks. The latest decline highlights how quickly global changes are transmitted into domestic markets. Just days earlier, gold had remained stable at Rs523,762 per tola, before experiencing sharp fluctuations. Silver has also shown consistent weakness alongside gold, indicating a broader correction across precious metals rather than isolated movement. What Is Driving the Price Drop Experts point to multiple factors behind the ongoing decline. Rising global uncertainty, particularly geopolitical tensions, has created instability in commodity markets. At the same time, persistent inflation concerns and interest rate expectations are influencing investor behavior. Traditionally, gold is seen as a safe-haven asset during uncertain times. However, when interest rates rise or economic conditions shift, investors often move toward assets that offer better returns, putting pressure on gold prices. Impact on Consumers and Investors The decline in gold prices may offer temporary relief to consumers, particularly ahead of Eid, when demand for gold jewelry typically increases in Pakistan. However, for investors, the volatility raises concerns about short-term stability. Frequent price swings make it difficult to predict market direction, forcing traders to adopt cautious strategies. Jewellers say that while falling prices may boost short-term buying, uncertainty in the market continues to affect overall demand.
PMD Warns of Rain in Karachi, Sindh on First Day of Eid
The Pakistan Meteorological Department has forecast rain and thunderstorms in Karachi and several parts of Sindh on the first day of Eid ul Fitr, raising concerns about weather disruptions during one of the country’s busiest festive periods. According to the Met Office, a westerly weather system is currently affecting large parts of Pakistan and is expected to bring unstable weather conditions to Sindh, including Karachi, during Eid celebrations. Officials said the system may cause “rain, wind and thunderstorms” in Karachi as well as other cities in Sindh, with the possibility of moderate to heavy rainfall in some areas. Westerly System Behind Weather Change The change in weather is being driven by a seasonal westerly wave that entered Pakistan earlier this week. Meteorologists say such systems often bring rain, gusty winds, and thunderstorms, especially during seasonal transitions. The PMD has warned that “a westerly wave is affecting most parts of the country,” which could result in scattered rainfall across southern regions during Eid. Karachi is expected to experience partly cloudy conditions with chances of thunderstorms and occasional heavy showers. Wind patterns are also likely to shift, with humid conditions prevailing in the city. Impact on Eid Celebrations The forecast comes at a time when millions of people are preparing for Eid prayers, family gatherings, and travel. Rainfall on the first day of Eid could affect outdoor activities, especially in major urban centers like Karachi. Authorities have advised citizens to remain cautious and stay updated with weather alerts. In previous instances, heavy rain in Karachi has disrupted traffic, caused waterlogging, and affected daily life. Weather experts say that while rain during Eid may bring relief from heat, it can also create logistical challenges, particularly in areas with weak drainage infrastructure. Wider Impact Across Sindh and Pakistan The weather system is not limited to Karachi. Other cities in Sindh are also expected to receive rainfall, while different parts of the country may experience varying conditions. The PMD has indicated that the system will gradually weaken after passing through southern regions, but not before bringing widespread weather changes across multiple provinces. Elsewhere in Pakistan, northern areas could see cooler temperatures, while parts of Balochistan and Punjab may also experience rain and thunderstorms. A Familiar Pattern for Karachi Karachi has a history of being vulnerable to heavy rainfall events. The city’s infrastructure has often struggled to cope with sudden downpours, leading to flooding and disruptions. Experts note that while Eid rainfall is not uncommon, preparedness remains key to minimizing its impact on public life and celebrations.
Jazz, Ufone and Zong Cleared to Roll Out 5G Services in Pakistan
Pakistan has taken a major step toward next-generation connectivity as the Pakistan Telecommunication Authority has formally authorized leading Cellular Mobile Operators including Jazz, Ufone and Zong to begin 5G services across the country. In an official announcement shared on X, PTA stated, “The Pakistan Telecommunication Authority (PTA) is pleased to announce that Cellular Mobile Operators (CMOs), namely Jazz, Ufone and Zong have formally been authorized to start the 5G services across Pakistan.” The development marks the beginning of Pakistan’s transition into a high-speed digital ecosystem, with telecom operators now preparing to roll out commercial 5G networks in phases. <blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>The Pakistan Telecommunication Authority (PTA) is pleased to announce that Cellular Mobile Operators (CMOs), namely Jazz, Ufone and Zong have formally been authorized to start the 5G services across Pakistan. In order to ensure a high-quality user experience during this initial… <a href=”https://t.co/YJ43ke19X8″>pic.twitter.com/YJ43ke19X8</a></p>— PTA (@PTAofficialpk) <a href=”https://twitter.com/PTAofficialpk/status/2034903390690713846?ref_src=twsrc%5Etfw”>March 20, 2026</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script> Phased Rollout to Ensure Quality According to PTA, operators will not launch nationwide services immediately. Instead, 5G will be introduced gradually to ensure service stability and quality. The authority explained, “In order to ensure a high-quality user experience during this initial transition, all CMOs will introduce 5G services in a phased manner.” This approach aligns with global telecom practices, where operators prioritize network optimization and performance before expanding coverage. Industry experts believe that a phased rollout will help address challenges such as infrastructure readiness, spectrum management, and device compatibility, which are critical for successful 5G deployment. Consumer Awareness and Device Compatibility To support users during the transition, PTA has placed a strong emphasis on transparency and awareness. The statement added, “To facilitate consumer awareness and ensure a seamless user experience, all CMOs will publish updated lists on their official websites, identifying specific areas where 5G services are available, as well as details of 5G-enabled mobile handset models compatible in Pakistan.” This move is expected to help consumers understand whether their devices support 5G and where they can access the new service. Currently, many smartphones sold in Pakistan are technically 5G-capable, but compatibility with local frequency bands remains a key factor for optimal performance. Pakistan’s Journey Toward 5G Pakistan has been working toward 5G adoption for several years. Early trials were conducted by telecom operators, with Zong becoming the first to test 5G in the country in 2019. More recently, operators have reported speeds exceeding 1 Gbps in controlled environments, demonstrating the potential of the technology. However, commercial rollout has faced delays due to spectrum allocation issues, regulatory planning, and economic constraints. What 5G Means for Pakistan The introduction of 5G is expected to transform multiple sectors, including healthcare, education, manufacturing, and entertainment. Faster speeds and lower latency can enable applications such as remote surgeries, smart cities, industrial automation, and immersive digital experiences. For consumers, 5G promises significantly improved internet speeds, smoother streaming, and enhanced mobile connectivity. At the same time, experts caution that widespread adoption will depend on affordability, device penetration, and infrastructure expansion. A Turning Point for Digital Pakistan The PTA’s authorization signals a new phase in Pakistan’s telecom evolution. With operators now cleared to launch services, the focus will shift toward execution, coverage expansion, and user adoption. As 5G begins to roll out across major cities, Pakistan moves closer to realizing its vision of a fully connected digital economy.
