The gold rate in Karachi bullion market experienced another significant decline, with gold prices dropping below the Rs. 502,000 level.
The today gold rate in Karachi for 24-karat gold fell by Rs. 4,900, closing at Rs. 501,162.
This sharp decline extends the downward trend that has gripped the market for several weeks, bringing prices perilously close to the psychological Rs. 500,000 support level.
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The sustained selling reflects persistent bearish sentiment among investors.
Gold Rate in Karachi for Monday, April 20, 2026:
- Gold, 24K per tola: Rs. 501,162 down by Rs. 4,900
- Gold, 24K per 10 grams: Rs. 429,665 down by Rs. 4,201
- Gold, 22K per 10 grams: Rs. 393,873 down by Rs. 3,851
The sell-off was driven by continued weakness in global market. The international gold price per ounce fell by $49 to $4,788, dropping below the critical $4,800 level.
Gold prices drop by Rs. 3,300 per tola in Pakistan
This global market weakness continues to exert strong downward pressure on local prices.
The today gold rate in Karachi reflects a market that has lost significant ground since the historic highs of early March, when gold traded above Rs. 563,000.
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The decline of over Rs. 62,000 per tola represents a substantial correction. With prices now testing the Rs. 500,000 support level, market participants are watching closely to see if this key psychological barrier holds or breaks in the coming sessions.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
For daily updates visit our detailed Gold Price in Karachi page
