Gold prices decline in Pakistan as market sees downward correction

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Gold prices fall sharply, reflecting weaker sentiment in local bullion market.
International rates dip, influencing domestic gold prices across major cities.
Analysts link decline to profit-taking after recent strong upward momentum.
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Gold prices in Pakistan recorded a notable decline on Thursday, April 2, reflecting a shift in momentum in the local bullion market.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola decreased by Rs. 7,100, settling at Rs. 486,962.

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Similarly, the rate of 24-karat gold per 10 grams dropped by Rs. 6,087 to Rs. 417,491, while 22-karat gold per 10 grams fell by Rs. 5,580 to Rs. 382,713.

Gold rates in Pakistan for Thursday, April 2, 2026:

  • Gold, 24K per tola: Rs. 486,962 (-7,100)
  • Gold, 24K per 10 grams: Rs. 417,491 (-6,087)
  • Gold, 22K per 10 grams: Rs. 382,713 (-5,580)

Meanwhile, international gold prices also witnessed a decline, falling by $71 to settle at $4,642 per ounce.

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Market analysts attributed the decrease to profit-taking and a slight cooling in global bullion demand after recent strong gains.

All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for 999 purity (24K).

For daily updates visit our detailed Gold Price in Karachi page

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