Gold rates in Karachi fell sharply on Wednesday, with 24-karat gold dropping Rs. 11,300 per tola as international gold prices also declined significantly.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold fell to Rs. 454,036 per tola, down Rs. 11,300 from the previous session.
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The price of 24-karat gold per 10 grams declined by Rs. 9,688 to Rs. 389,262, while 22-karat gold per 10 grams fell by Rs. 8,881 to Rs. 356,836.
Gold rates in Karachi and Pakistan, September 2, 2026:
- 24-karat gold per tola: Rs. 454,036 (-Rs. 11,300)
- 24-karat gold per 10 grams: Rs. 389,262 (-Rs. 9,688)
- 22-karat gold per 10 grams: Rs. 356,836 (-Rs. 8,881)
International gold prices also recorded a sharp decline, falling $113 to settle at $4,315 per ounce.
The latest drop comes after gold prices declined by Rs. 800 per tola on Tuesday. Wednesday’s fall was considerably steeper, pushing domestic gold prices below the Rs. 455,000 mark.
The precious metal had already faced a major correction last week, when prices dropped Rs. 15,100 per tola.
READ: Gold rates in Karachi dip below Rs. 466,000 per tola
The latest decline has added further pressure to the local bullion market.
At Rs. 454,036 per tola, gold is now trading at its lowest level in several weeks, while the sharp movement in international prices continues to influence the domestic market.
Gold rates in Pakistan remain sensitive to international bullion rates, currency movements and broader investor sentiment.
Market participants will be watching whether prices stabilize at current levels or come under further pressure in the coming sessions.
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All rates are officially certified by the All Pakistan Gems and Jewellers Sarafa Association and are based on interbank exchange rates for 999-purity gold.
For daily updates visit our detailed Gold Price in Karachi page
