Gold Prices Witness Major Drop in Local Market

PAKISTAN: Gold prices in Pakistan experienced their second drop in four days after the market showed a temporary recovery on Thursday.

Gold Rate Today

According to the All Pakistan Sarafa Gems and Jewellers Association, gold prices decreased yesterday. The price of gold per tola fell by Rs. 3,800 to Rs. 479,962, while the price of 10 grams of gold dropped by Rs. 3,257 to Rs. 411,490.

In the international market as well, gold prices declined, with the price per ounce falling by $38 to $4,576.

The gold rate today in Karachi is RS. 481,800 per tola as of today, 05 May, 2026, the high demand in the local bullion market is reflected in the current gold rate in the Karachi Sarafa Market. Investors are closely monitoring any additional price moves.

The gold rate in Karachi fluctuates frequently in response to changes in the international market, making the price rarely constant. While factors like the international gold price and the value of the Pakistani Rupee against the Dollar remain the primary drivers, local demand in the Sarafa Bazar also dictates these daily price adjustments.

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