Today’s gold rates in Karachi and across Pakistan recorded another powerful advance, with the bullion market extending its extraordinary rally into a third consecutive session of strong gains as international gold prices climbed to their highest levels in several weeks, pushing domestic rates to levels not seen in a very long time and bringing the key Rs. 450,000 mark firmly into view.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola surged by Rs. 5,100, settling at Rs. 454,336.
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The price of 24-karat gold per 10 grams climbed by Rs. 4,372 to Rs. 389,519, while 22-karat gold per 10 grams jumped by Rs. 4,008, settling at Rs. 357,072.
Today’s gold rates in Karachi and Pakistan, August 7, 2026:
- Gold, 24K per tola: Rs. 454,336 (+5,100)
- Gold, 24K per 10 grams: Rs. 389,519 (+4,372)
- Gold, 22K per 10 grams: Rs. 357,072 (+4,008)
International gold prices also surged strongly, rising by $51 to settle at $4,319 per ounce, pushing global rates to their highest levels in several weeks and extending the powerful recovery that has gathered full pace over the past three sessions.
The sharp rally in global gold rates was reflected in domestic pricing, with gold rates in Karachi climbing firmly across all categories throughout the session.
Three consecutive sessions of significant gains have now transformed the market’s outlook entirely, delivering one of the most dramatic and sustained short-term recoveries Pakistan’s gold market has seen in recent memory.
Three Straight Sessions of Powerful Gains Complete a Stunning Turnaround
Friday’s strong advance follows Thursday’s extraordinary surge of Rs. 11,300 per tola, which had pushed domestic gold prices to Rs. 449,236 and marked one of the largest single-session gains seen in Pakistan’s gold market in recent history.
READ: Gold rates in Karachi jump Rs. 10,000 per tola in massive surge
That had itself come after Wednesday’s historic Rs. 10,000 per tola surge, which had already signalled a dramatic shift in market momentum following weeks of painful losses and failed recovery attempts.
Together, Wednesday, Thursday, and Friday have now added a combined Rs. 26,400 per tola to domestic gold prices over just three sessions, a remarkable and swift turnaround that has more than fully reversed the devastating losses of mid-July and pushed gold rates in Karachi to levels not seen since before the brutal correction had begun.
The cumulative three-session gain is one of the most powerful short-term recoveries in Pakistan’s recent gold market history.
Gold Rates in Karachi Push Above Rs. 454,000 and Eye Rs. 455,000
At Rs. 454,336 per tola, gold rates in Karachi have now pushed well above the Rs. 450,000 mark, a level that had been breached and lost during the peak of the mid-July correction, and are approaching Rs. 455,000.
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Internationally, gold at $4,319 per ounce has moved to its highest level in several weeks, reflecting a fundamentally transformed global picture driven by geopolitical developments, a weaker US dollar, and renewed safe-haven demand.
Market Outlook Turns Decisively Bullish
Gold rates in Karachi continue to be shaped by global economic signals, geopolitical developments, currency movements, and investor sentiment.
Three consecutive sessions of powerful gains, including two of the largest single-day surges seen in Pakistan’s gold market in recent memory, have decisively reversed the narrative from one of prolonged weakness to one of strong recovery momentum.
Traders and investors will be watching closely whether gold rates in Karachi can push above Rs. 455,000 in the sessions ahead and whether the three-session rally has the momentum to develop into a more sustained uptrend, or whether the market faces profit-taking and resistance at these elevated levels.
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
