Domestic bullion market records sharp decline as international gold prices fall by $126 per ounce.
KARACHI, June 10, 2026: Gold prices in Pakistan witnessed a sharp decline on Wednesday, falling by Rs12,627 per tola amid a significant downturn in international bullion markets.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola dropped to Rs442,436 from the previous day’s closing level of Rs455,063 in the domestic market.
The latest decline extends the downward trend in local gold prices, which have fallen substantially over the past four months after reaching an all-time high of Rs572,862 per tola on January 29, 2026.
Gold Prices in Pakistan – June 10, 2026
| Gold Category | Previous Price | Current Price | Change |
| 24-karat Gold (per tola) | Rs455,063 | Rs442,436 | -Rs12,627 |
| 24-karat Gold (per 10 grams) | Rs389,534 | Rs378,170 | -Rs11,364 |
| International Gold (per ounce) | $4,326 | $4,200 | -$126 |
The price of 24-karat gold per 10 grams also recorded a substantial decline, decreasing by Rs11,364 to settle at Rs378,170, compared with Rs389,534 a day earlier.
International market pressures weigh on prices
Bullion market experts attributed the sharp fall in Pakistan’s gold prices to weakness in international markets.
According to traders, escalating geopolitical developments involving Iran and the United States triggered volatility across global commodity markets, prompting investors to reassess their positions in precious metals.
In the international market, gold prices fell by $126 per ounce to close at $4,200, down from the previous session’s level of $4,326 per ounce.
Market outlook
Analysts noted that Pakistan’s gold market closely follows trends in international bullion prices, with domestic rates also influenced by fluctuations in the rupee-dollar exchange rate.
The latest correction reflects changing investor sentiment in global markets after months of strong gains that had pushed gold to record highs earlier this year.
Market participants expect continued volatility in the near term as geopolitical developments, central bank policies and global economic indicators remain key drivers of precious metal prices.
