Karachi bullion market kicked off March with a historic explosion, as gold prices detonated higher in one of the largest single-day gains on record.
The today gold rates in Karachi for 24-karat gold skyrocketed by an astonishing Rs. 13,300, closing at a staggering Rs. 563,862.
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This monumental leap represents the biggest single-day increase in over a month and shatters previous records.
The explosive move brings gold’s gains since late February to over Rs. 22,000, signaling a historic price explosion in the market.
Gold Rates in Karachi for Monday, March 2, 2026:
- Gold, 24K per tola: Rs. 563,862 up by Rs. 13,300
- Gold, 24K per 10 grams: Rs. 483,420 up by Rs. 11,402
- Gold, 22K per 10 grams: Rs. 443,151 up by Rs. 10,453
The international gold price per ounce skyrocketed by $133 to $5,411. This global market detonation into safe-haven assets provided the primary catalyst for local panic buying.
The combination of global economic uncertainty, currency concerns, and momentum buying has created a perfect storm for precious metals.
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With gold now above Rs. 563,000 and silver past Rs. 10,000, the market has entered uncharted territory where traditional valuation metrics no longer apply.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
For daily updates visit our detailed Gold Price in Karachi page
