Pakistan bullion market continued its downward trend on Monday, with gold and silver prices extending losses from the previous week. The today gold rate in Karachi for 24-karat gold fell by Rs. 1,800, closing at Rs. 522,762.
This decline pushes prices further away from the recent highs and below the Rs. 523,000 level, marking a continuation of the persistent selling pressure that has gripped the market.
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The steady erosion in value suggests caution among investors.
Gold Rates in Karachi for Monday, March 16, 2026:
- Gold, 24K per tola: Rs. 522,762 down by Rs. 1,800
- Gold, 24K per 10 grams: Rs. 448,184 down by Rs. 1,543
- Gold, 22K per 10 grams: Rs. 410,850 down by Rs. 1,414
The sell-off was driven by ongoing weakness in global markets. The international gold price per ounce dipped by $18 to hit the psychological $5,000 level exactly. This global market softness continues to exert downward pressure on local prices.
The today gold rate in Karachi reflects a market that has lost significant momentum since the explosive rallies of late February and early March.
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The decline below Rs. 523,000 represents a drop of over Rs. 40,000 from the all-time highs above Rs. 563,000. Investors are now watching to see if the $5,000 global level holds, as a break below could trigger further selling.
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
