Pakistan’s bullion market recorded a downward movement on Saturday, as gold prices slipped across all categories with the price of 24-karat gold per tola falling by Rs. 2,200, following a decline in international rates that weighed on domestic bullion markets.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola decreased by Rs. 2,200, settling at Rs. 473,162.
Visit Times of Karachi website for the latest news-related content
Similarly, the rate of 24-karat gold per 10 grams fell by Rs. 1,886, closing at Rs. 405,660, while 22-karat gold per 10 grams also slipped by Rs. 1,729 to settle at Rs. 371,868.
Gold rates in Pakistan on Saturday, May 23, 2026:
- Gold, 24K per tola: Rs. 473,162 (-2,200)
- Gold, 24K per 10 grams: Rs. 405,660 (-1,886)
- Gold, 22K per 10 grams: Rs. 371,868 (-1,729)
Meanwhile, international gold prices also recorded a decline, falling by $22 to settle at $4,508 per ounce as global markets came under mild selling pressure.
Follow the Times of Karachi channel on WhatsApp
The dip in global bullion markets was reflected in domestic prices, as traders and investors adopted a cautious approach amid a broader pullback in precious metals.
With no major economic triggers to drive fresh buying interest, selling activity dominated the session.
Despite the decline, gold prices remain significantly elevated and market watchers will be closely monitoring whether this dip presents a buying opportunity or signals a broader correction in the sessions ahead.
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
