Today’s gold rates in Karachi and across Pakistan recorded a strong recovery on Thursday, with the bullion market rebounding sharply across all categories after Wednesday’s steep decline.
The rally came as international gold prices climbed back above the key $4,000-per-ounce mark, restoring confidence to a market that had remained under sustained pressure throughout June.
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According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola increased by Rs. 9,100 to settle at Rs. 428,736.
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The price of 24-karat gold per 10 grams rose by Rs. 7,802 to Rs. 367,572, while 22-karat gold per 10 grams gained Rs. 7,152, settling at Rs. 336,953.
Today’s gold rates in Karachi and Pakistan on Thursday, July 2, 2026
- Gold (24K) per tola: Rs. 428,736 (+Rs. 9,100)
- Gold (24K) per 10 grams: Rs. 367,572 (+Rs. 7,802)
- Gold (22K) per 10 grams: Rs. 336,953 (+Rs. 7,152)
International gold prices also staged a strong recovery, rising by $91 to settle at $4,063 per ounce, reclaiming the important $4,000 level that had been breached during Wednesday’s sharp decline.
The rebound in international prices was reflected in the domestic market, with today’s gold rates in Karachi rising across all categories.
After one of the most challenging periods for Pakistan’s bullion market in recent memory, Thursday’s gains provided a welcome break from the persistent downward trend that had dominated trading since mid-June.
Today’s gold rates in Karachi bounce back after a difficult June
Thursday’s recovery follows Wednesday’s sharp decline of Rs. 5,200 per tola, which had pushed domestic prices below the Rs. 420,000 mark and dragged international gold below $4,000 per ounce for the first time in weeks.
READ: Today’s gold rates in Karachi: Prices dip below Rs. 420,000 per tola
That decline came after Tuesday’s loss of Rs. 4,100 per tola and Monday’s drop of Rs. 2,300 per tola, creating a painful run of consecutive losses for investors and traders.
June proved to be an exceptionally volatile month for Pakistan’s gold market, with single-session declines of Rs. 10,400, Rs. 14,900, and Rs. 12,627 per tola among the steepest falls recorded during the period.
Thursday’s gain of Rs. 9,100 per tola marks the strongest single-day recovery since the brief rally witnessed in mid-June and could indicate that the market is beginning to stabilise.
Today’s gold rates in Karachi move back above Rs. 425,000
At Rs. 428,736 per tola, today’s gold rates in Karachi have climbed back above the Rs. 425,000 level after slipping below it earlier this week.
Although prices remain well below the Rs. 440,000 mark reached during the mid-June rally, and considerably below the record highs seen earlier this year, Thursday’s rebound represents a meaningful recovery.
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International gold prices have also regained momentum, with bullion trading at $4,063 per ounce, comfortably above the key $4,000 threshold.
Market participants will closely watch whether this level can be maintained in the coming sessions.
Market outlook remains cautious
Today’s gold rates in Karachi continue to be influenced by global economic developments, currency movements, and investor sentiment.
While Thursday’s strong rebound is an encouraging sign after a difficult month, the market has experienced sharp swings in both directions in recent weeks, meaning volatility is likely to persist.
Traders and investors will closely monitor upcoming sessions to determine whether Thursday’s gains signal the beginning of a sustained recovery or simply a temporary rebound within a broader corrective trend.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for 999 purity (24K) gold.
For daily updates visit our detailed Gold Price in Karachi page
