Pakistan’s bullion market recorded a welcome recovery on Tuesday, as gold prices climbed higher across all categories, snapping a prolonged losing streak that had dominated the market over the past several sessions and providing some relief to traders and investors.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola increased by Rs. 2,830, settling at Rs. 455,063.
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Similarly, the rate of 24-karat gold per 10 grams rose by Rs. 2,547, closing at Rs. 389,534, while 22-karat gold per 10 grams also gained Rs. 2,306 to settle at Rs. 357,225.
Gold rates in Pakistan on Tuesday, June 9, 2026:
- Gold, 24K per tola: Rs. 455,063 (+2,830)
- Gold, 24K per 10 grams: Rs. 389,534 (+2,547)
- Gold, 22K per 10 grams: Rs. 357,225 (+2,306)
Meanwhile, international gold prices also recorded a recovery, gaining $28.295 to settle at $4,326.270 per ounce as global markets stabilised following the sustained selling pressure of recent sessions.
The uptick in global bullion markets was swiftly reflected in domestic prices, as traders and investors returned to the market with renewed buying interest following days of steep and relentless losses. With fresh buying activity emerging across all categories, activity picked up noticeably compared to the subdued and sell-off dominated sessions of the previous days.
A Painful Week in the Rearview
Tuesday’s recovery comes after one of the most difficult stretches for gold prices in Pakistan in recent memory. Monday, June 8, had seen prices decline further by Rs. 3,094 per tola to settle at Rs. 452,233, pushing domestic rates dangerously close to the Rs. 450,000 mark as international gold had also slipped below the $4,300 per ounce level.
READ: Gold prices fall by Rs. 3,094 per tola in Pakistan, hover near Rs. 450,000 mark
Saturday, June 6, had been the most damaging session of the recent losing streak, when gold prices had crashed by a staggering Rs. 12,489 per tola to settle at Rs. 455,327 in one of the steepest single-session drops recorded in recent weeks. Friday, June 5, had also seen prices slip by Rs. 1,469 per tola, while Wednesday, June 3, had witnessed a major correction of Rs. 8,600 per tola.
Tuesday’s gain of Rs. 2,830 per tola represents a meaningful and welcome step in the right direction, though it falls well short of offsetting the scale of losses recorded over the past several sessions. Domestic gold prices remain well below the Rs. 460,000 mark, reflecting the extent of the damage caused by the recent sustained selling pressure.
Still Well Below Recent Highs
Despite Tuesday’s encouraging recovery, gold prices in Pakistan remain significantly below the record highs seen earlier in the year and well below the levels recorded just two weeks ago.
The metal had been on a significant upward trajectory over the past year, with domestic prices repeatedly reaching record highs in line with surging international rates.
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The recent sharp correction, which saw domestic gold prices fall by tens of thousands of rupees per tola over a matter of days, is a stark reminder of the extreme volatility that can grip precious metals markets when global selling pressure intensifies.
Market watchers will be closely monitoring international developments in the coming sessions to assess whether Tuesday’s recovery can be sustained and whether gold prices can begin to claw back the significant losses recorded over the past week or whether another round of selling pressure lies ahead.
With global economic uncertainty continuing to shape investor sentiment, gold remains a closely watched asset in both domestic and international markets.
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
