Profit-taking and subdued global trading ahead of the reopening of U.S. markets trigger a modest correction in Pakistan’s bullion market.
KARACHI, July 4, 2026: Gold prices in Pakistan retreated on Saturday, with the price of 24-karat gold declining by Rs1,100 per tola, as the domestic bullion market underwent a modest correction after a strong two-day rally.
According to market data, the price of 24-karat gold per tola fell to Rs439,836, compared with Rs440,936 recorded on the previous trading day.
Despite the latest decline, gold prices remain substantially higher after climbing Rs21,300 per tola during the preceding two trading sessions, supported by stronger investor demand and gains in international bullion markets.
The price of 24-karat gold per 10 grams also decreased by Rs943, settling at Rs377,088, down from Rs378,032 a day earlier.
Bullion market analysts attributed Saturday’s decline primarily to profit-taking, as investors booked gains following the recent sharp appreciation in gold prices.
Market activity also remained relatively subdued because financial markets in the United States were closed in observance of the Fourth of July Independence Day holiday, limiting fresh signals from global commodity markets.
In the international bullion market, spot gold eased by $11 per ounce to $4,174 per ounce, compared with the previous session’s closing price of $4,185 per ounce.
Analysts expect global economic developments, geopolitical trends, and the reopening of U.S. financial markets next week to provide fresh direction for international gold prices, which will, in turn, influence bullion rates in Pakistan.