Pakistan’s bullion market recorded a downward movement on Tuesday, as gold prices slipped across all categories following a decline in international rates, with the losses coming just a day before Eid ul Adha celebrations are set to begin across the country.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola decreased by Rs. 2,400, settling at Rs. 475,362.
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Similarly, the rate of 24-karat gold per 10 grams fell by Rs. 2,057, closing at Rs. 407,546, while 22-karat gold per 10 grams also slipped by Rs. 1,886 to settle at Rs. 373,597.
Gold rates in Pakistan on Tuesday, May 26, 2026:
- Gold, 24K per tola: Rs. 475,362 (-2,400)
- Gold, 24K per 10 grams: Rs. 407,546 (-2,057)
- Gold, 22K per 10 grams: Rs. 373,597 (-1,886)
Meanwhile, international gold prices also recorded a decline, falling by $24 to settle at $4,530 per ounce as global markets came under mild selling pressure.
The dip in global bullion markets was reflected in domestic prices, as traders and investors adopted a cautious approach ahead of the Eid ul Adha holiday period.
A Volatile Week for Gold
Tuesday’s decline comes after a strong recovery on Monday, May 25, when gold prices surged by Rs. 4,600 per tola to settle at Rs. 477,762, as international markets staged a powerful rebound following the previous session’s losses. International gold had also gained $46 to settle at $4,554 per ounce on Monday, driving fresh buying interest across domestic markets.
READ: Gold surges by Rs. 4,600 per tola in Pakistan as international prices stage strong recovery
The week prior had also seen significant volatility. Gold prices had dipped by Rs. 2,200 per tola on Saturday, May 23, settling at Rs. 473,162, before Monday’s sharp recovery more than offset those losses.
Gold prices had held flat on Friday, May 22, at Rs. 475,362, and had surged strongly by Rs. 5,000 per tola on Thursday, May 21, following a powerful rebound in international markets.
Near All-Time High Levels
Despite Tuesday’s decline, gold prices in Pakistan remain near highs. The metal has been on a significant upward trajectory over the past year, with domestic prices repeatedly breaking records in line with surging international rates driven by global economic uncertainty and geopolitical tensions.
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The current price of Rs. 475,362 per tola keeps gold prices well elevated and within striking distance of all-time highs. Market watchers will be closely monitoring whether the post-Eid sessions bring a fresh wave of buying interest or another period of consolidation and correction.
With global economic uncertainty and geopolitical tensions continuing to support demand for safe-haven assets, gold remains well supported at current levels despite the short-term dip recorded on Tuesday.
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
