Pakistan’s bullion market recorded a welcome rebound on Friday, as gold prices surged across all categories, snapping a brutal run of consecutive losses and delivering the most significant single-session recovery in several weeks as global markets bounced back strongly.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola jumped by Rs. 7,250, settling at Rs. 439,966.
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Similarly, the rate of 24-karat gold per 10 grams climbed by Rs. 6,525, closing at Rs. 375,947, while 22-karat gold per 10 grams also rose by Rs. 5,925 to settle at Rs. 344,923.
Gold rates in Pakistan on Friday, June 12, 2026:
- Gold, 24K per tola: Rs. 439,966 (+7,250)
- Gold, 24K per 10 grams: Rs. 375,947 (+6,525)
- Gold, 22K per 10 grams: Rs. 344,923 (+5,925)
Meanwhile, international gold prices also staged a strong recovery, climbing by $72.50 to settle at $4,175.30 per ounce as global markets reversed course and buyers returned in meaningful numbers.
The rebound in global bullion markets was swiftly reflected in domestic prices, as fresh buying interest returned and investors moved to rebuild positions after the recent wave of heavy selling.
With sentiment shifting noticeably and buyers regaining control of the session, gold prices climbed firmly across all categories throughout Friday’s trading.
A Badly Needed Recovery After Days of Relentless Losses
Friday’s rebound comes after one of the most painful stretches in Pakistan’s gold market in recent memory.
READ: Gold extends losses in Pakistan as prices slide further to Rs. 432,716 per tola
Thursday had seen prices decline by a further Rs. 9,720 per tola to Rs. 432,716, following Wednesday’s devastating collapse of Rs. 12,627 per tola which had pushed prices firmly below the key Rs. 450,000 mark.
Before that, Saturday, June 6, had seen gold crash by Rs. 12,489 per tola, and Monday, June 8, had added further losses of Rs. 3,094 per tola.
The cumulative losses recorded over the preceding week had represented one of the most severe and sustained corrections Pakistan’s gold market had seen in recent memory, with domestic prices shedding tens of thousands of rupees per tola from their highs. Friday’s recovery of Rs. 7,250 per tola, while meaningful, still leaves prices well below those levels, and the road back remains a long one.
Still Well Below Rs. 450,000 Despite the Bounce
While Friday’s recovery is a significant and encouraging development, domestic gold prices at Rs. 439,966 per tola remain firmly below the key Rs. 450,000 mark that was breached so decisively during Wednesday’s collapse. Reclaiming that level will be the first major test for any sustained recovery.
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At Rs. 439,966 per tola, prices also remain dramatically below the record highs seen earlier in the year. With international gold now trading at $4,175.30 per ounce following Friday’s strong session, market analysts will be watching closely whether this recovery has the momentum to continue into the coming sessions or whether it proves to be another short-lived bounce in an otherwise bearish trend.
Market watchers will be monitoring global developments carefully over the weekend and into next week to assess whether Friday’s rebound signals a genuine turning point or simply a temporary reprieve within the broader correction.
With global economic uncertainty continuing to shape investor sentiment, gold remains a closely watched and highly sensitive 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
