Pakistan’s bullion market recorded a modest decline on Saturday, as gold prices continued to slip in line with mild pressure in global markets following the previous session’s sharp fall.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola fell by Rs. 600, settling at Rs. 476,262.
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Similarly, the rate of 24-karat gold per 10 grams declined by Rs. 515, closing at Rs. 408,317, while 22-karat gold per 10 grams dropped by Rs. 472 to Rs. 374,304.
Gold rates in Pakistan on Saturday, May 16, 2026:
- Gold, 24K per tola: Rs. 476,262 (–600)
- Gold, 24K per 10 grams: Rs. 408,317 (–515)
- Gold, 22K per 10 grams: Rs. 374,304 (–472)
Meanwhile, international gold prices also recorded a marginal decline of $6, settling at $4,539 per ounce.
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The continued softness in global bullion markets kept domestic gold prices under mild pressure, as investors remained cautious following the steep decline recorded in the previous session.
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
