The bullion market experienced yet another brutal session, with gold prices extending their relentless decline to fresh multi-month lows, today gold rate in Karachi for 24-karat gold plummeted by Rs 5,600, closing at Rs 424,136.
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This marks the seventh consecutive session of losses for the yellow metal, reflecting an unprecedented bearish onslaught as investors continue to abandon precious metals amid a strengthening US dollar and shifting global monetary policies.
Today’s gold rates in Karachi and Pakistan, July 14, 2026:
- Gold, 24K per tola: Rs. 424,136 (-5,600)
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- Gold, 24K per 10 grams: Rs. 363,628 (-4,801)
- Gold, 22K per 10 grams: Rs. 333,337 (-4,401)
In grams, 24-karat gold fell by Rs 4,801 to Rs 363,628, while 22-karat gold dropped by Rs 4,401 to Rs 333,337. The relentless declines across all variants highlight the depth and persistence of the selling pressure.
The crash was fueled by continued weakness in international markets. The global gold price per ounce plunged by $56 to $4,017, dangerously close to breaking below the critical $4,000 psychological level.
For daily updates visit our detailed Gold Price in Karachi page
This global market meltdown continues to drive local prices lower with each passing session.
Since the historic peak above Rs. 563,000 in early March, gold has now lost a staggering Rs. 139,000 per tola, representing a correction of approximately 25%.
The breach of the Rs. 424,000 level raises serious concerns about further downside momentum, with traders now watching to see if the $4,000 global level will hold.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
