Pakistan’s bullion market recorded a modest but positive session on Wednesday, as gold prices inched higher across all categories, extending the recovery into a fourth consecutive session and consolidating recent gains after Monday’s powerful surge as global markets held onto their recent strength.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola rose by Rs. 100, settling at Rs. 455,236.
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Similarly, the rate of 24-karat gold per 10 grams climbed by Rs. 85, closing at Rs. 389,685, while 22-karat gold per 10 grams also advanced by Rs. 78 to settle at Rs. 357,395.
Gold rates in Pakistan on Wednesday, June 17, 2026:
- Gold, 24K per tola: Rs. 455,236 (+100)
- Gold, 24K per 10 grams: Rs. 389,685 (+85)
- Gold, 22K per 10 grams: Rs. 357,395 (+78)
Meanwhile, international gold prices also edged higher, rising by $1 to settle at $4,328 per ounce as global markets consolidated near recent highs following the strong rally seen earlier in the week.
The modest gains in global bullion markets were reflected in domestic prices, as the market took a breather after the sharp surge witnessed on Monday.
With buying and selling activity reaching a more balanced footing, gold prices held steady with only slight upward movement across all categories throughout Tuesday’s session.
Fourth Straight Session of Gains Extends the Recovery
Wednesday’s modest advance follows Monday’s powerful surge of Rs. 10,800 per tola, Saturday’s gain of Rs. 4,370 per tola, and Friday’s strong rebound of Rs. 7,250 per tola, which together had snapped a devastating run of consecutive losses and delivered one of the strongest recoveries seen in Pakistan’s gold market in recent memory.
READ: Gold jumps by Rs. 10,800 per tola as recovery continues in Pakistan
Together, the four consecutive sessions of gains have now added Rs. 22,520 per tola back to domestic gold prices, fully erasing the damage inflicted during the brutal sell-off recorded earlier in the month.
Wednesday’s slower pace of gains suggests the market may now be entering a phase of consolidation after the sharp upward moves seen over the preceding three sessions.
Holding Firm Above the Key Rs. 450,000 Mark
Wednesday’s session confirms that domestic gold prices are holding comfortably above the key Rs. 450,000 per tola mark, the level that had been breached so decisively during the earlier sell-off.
The ability to sustain prices above this level for a second consecutive session reinforces the view that the recovery has established a solid base.
At Rs. 455,236 per tola, domestic gold prices remain close to the levels seen before the correction began.
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With international gold now trading at $4,328 per ounce following Wednesday’s modest gains, market analysts will be watching closely whether the market consolidates at current levels or whether fresh buying interest emerges to push prices higher still.
Market watchers will be monitoring global developments carefully in the coming sessions to assess whether the recovery can maintain its momentum or whether the slower pace of
Wednesday’s gains signals a more cautious phase ahead.
With global economic uncertainty continuing to shape investor sentiment, gold remains a closely watched and highly sensitive asset in both domestic and international 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
