Today’s gold rates in Karachi and across Pakistan recorded a powerful and decisive rally on Friday, with the bullion market extending Thursday’s recovery into a second straight session of strong gains and pushing domestic prices back above the key Rs. 440,000 mark for the first time in several days as international gold prices surged sharply higher.
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According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola jumped by Rs. 12,200, settling at Rs. 440,936.
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The price of 24-karat gold per 10 grams rose by Rs. 10,459 to Rs. 378,031, while 22-karat gold per 10 grams gained Rs. 9,588, settling at Rs. 346,541.
Today’s gold rates in Karachi and Pakistan, July 3, 2026:
- Gold, 24K per tola: Rs. 440,936 (+12,200)
- Gold, 24K per 10 grams: Rs. 378,031 (+10,459)
- Gold, 22K per 10 grams: Rs. 346,541 (+9,588)
International gold prices also surged strongly, climbing by $122 to settle at $4,185 per ounce, extending Thursday’s recovery and pushing global rates to their highest levels in several days.
The powerful rally in international gold prices was reflected in domestic pricing, with today’s gold rates in Karachi climbing sharply across all categories throughout Friday’s session.
Back-to-back sessions of strong gains have now dramatically changed the picture after one of the most painful stretches Pakistan’s gold market has experienced in recent memory.
Today’s Gold Rates in Karachi Build on Thursday’s Recovery
Friday’s surge follows Thursday’s strong rebound of Rs. 9,100 per tola, which had itself come after Wednesday’s steep decline of Rs. 5,200 per tola had pushed domestic prices below Rs. 420,000 and international gold below the psychologically significant $4,000 mark.
READ: Today’s gold rates in Karachi surge by Rs. 9,100 per tola
Together, Thursday and Friday have now added Rs. 21,300 per tola back to Pakistan gold prices in just two sessions, a remarkable and swift turnaround that has fully reversed the losses of the preceding several days and pushed today’s gold rates in Karachi back to levels not seen since before the brutal mid-June sell-off began to gather pace.
The scale of the recent correction had been significant. June had seen gold fall sharply on multiple occasions, with single-session drops of Rs. 10,400, Rs. 14,900, and Rs. 12,627 per tola among the most painful moments of the month.
Friday’s gain of Rs. 12,200 per tola now matches some of those most damaging sessions in scale, but this time in the opposite direction.
Today’s Gold Rates in Karachi Cross the Key Rs. 440,000 Mark
At Rs. 440,936 per tola, today’s gold rates in Karachi have now moved back above the Rs. 440,000 mark, the level that was breached so decisively during the mid-June and which has served as the most watched reference point for the market over the past several weeks.
Reclaiming this level on a closing basis is a significant development and suggests the recovery has genuine momentum behind it.
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Internationally, gold at $4,185 per ounce has now moved well clear of the $4,000 level, reflecting a sharp shift in global market sentiment over the past two sessions.
Market Outlook Turns More Positive
Today’s gold rates in Karachi continue to be shaped by global economic developments, currency movements, and investor sentiment.
Friday’s strong gain, coming on the back of Thursday’s recovery, represents the most convincing two-session rally seen since the brief mid-June rebound and raises genuine questions about whether the broader downtrend of recent weeks has now run its course.
Traders and investors will be watching closely whether today’s gold rates in Karachi can hold above the Rs. 440,000 mark in the coming sessions, and whether the two-day recovery develops into a more sustained uptrend or faces renewed headwinds as global conditions continue to evolve.
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
