Karachi, May 4, 2026 – Pakistan gold prices May 4 2026 recorded a sharp decline as the rate of 24-karat gold dropped by Rs3,800 per tola in line with falling international market trends.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola settled at Rs479,962, down from the previous closing of Rs483,762 in local bullion markets.
Gold Rates in Pakistan Today
The price of 24-karat gold per 10 grams also decreased significantly, falling by Rs3,257 to close at Rs411,490, compared to Rs414,747 a day earlier.
Despite the recent drop, gold prices remain below the all-time high of Rs572,862 per tola recorded on January 29, 2026.
Global Market Impact on Gold Prices
Bullion market experts attributed the decline in Pakistan gold prices to a downward trend in international markets.
Globally, gold prices fell by $38 per ounce, closing at $4,576, compared to the previous level of $4,614.
Analysts noted that the precious metal continues to experience volatility due to geopolitical tensions and ongoing global trade disputes.
Market Outlook
Experts suggest that gold prices may remain volatile in the near term, with international trends playing a key role in determining local bullion rates.
Investors are closely monitoring global economic developments, which could influence future price movements.
Conclusion
The Pakistan gold prices May 4 2026 reflect a significant correction driven by global market trends, though prices remain historically elevated compared to earlier levels.