Pakistan’s bullion market remained under pressure on Monday, as gold prices declined further across all categories, extending the downward trend witnessed over the past week and pushing domestic rates closer to the Rs. 450,000 per tola mark.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola fell by Rs. 3,094, settling at Rs. 452,233.
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Similarly, the rate of 24-karat gold per 10 grams decreased by Rs. 2,785 to close at Rs. 386,987, while 22-karat gold per 10 grams dropped by Rs. 2,524 to settle at Rs. 354,919.
Gold rates in Pakistan on Monday, June 8, 2026:
- Gold, 24K per tola: Rs. 452,233 (-3,094)
- Gold, 24K per 10 grams: Rs. 386,987 (-2,785)
- Gold, 22K per 10 grams: Rs. 354,919 (-2,524)
Meanwhile, international gold prices also moved lower, declining by $30.945 to settle at $4,297.975 per ounce.
The latest drop in global bullion prices was quickly reflected in Pakistan’s domestic market, where traders remained cautious amid continued weakness in international precious metals markets.
A Week of Persistent Declines
Monday’s decline follows a turbulent period for gold prices in Pakistan. On Saturday, June 6, gold had recorded one of its steepest single-session losses in recent weeks, plunging by Rs. 12,489 per tola to settle at Rs. 455,327.
READ: Gold prices crash by Rs. 12,489 per tola across Pakistan
Before that, Friday, June 5, saw prices fall by Rs. 1,469 per tola to Rs. 467,816, while Thursday, June 4, offered a brief recovery of Rs. 1,523 per tola, taking rates to Rs. 469,285.
Wednesday, June 3, had also witnessed a major correction, with gold losing Rs. 8,600 per tola to settle at Rs. 467,762.
The latest decline pushes domestic gold prices near the Rs. 450,000 mark, highlighting the sustained selling pressure that has gripped the market over the past several sessions.
Nearing Multi-Week Lows
Gold prices are now trading at their lowest levels in several weeks after a sharp reversal from the record highs seen earlier this year.
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The current rate of Rs. 452,233 per tola represents a significant pullback from recent peaks, reflecting weaker international prices and changing investor sentiment.
With global gold now trading below the $4,300 per ounce level, market participants will be closely monitoring international developments to determine whether the recent declines represent a temporary correction or the beginning of a more prolonged downturn in bullion markets.
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
