Market Summary
Rs. 504,800 ▼ Rs. 700 (0.14%)
The gold market in Pakistan witnessed a minor contraction today, Thursday, 16 April 2026. The 24K gold rate settled at Rs. 504,800 per tola. This slight dip follows a series of fluctuating sessions as the local bullion market aligns with shifting global investment patterns and domestic currency stability.
Live Rate Cards
24K Gold – 1 Tola
Rs. 504,800
24K Gold – 10 Gram
Rs. 432,785
24K Gold – 1 Gram
Rs. 43,278
Purity Wise Breakdown
| Purity | Tola Rate | 10 Gram |
|---|---|---|
| 24K Gold | Rs. 504,800 | Rs. 432,785 |
| 22K Gold | Rs. 462,853 | Rs. 396,720 |
| 21K Gold | Rs. 441,814 | Rs. 378,687 |
| 20K Gold | Rs. 420,775 | Rs. 360,655 |
| 18K Gold | Rs. 378,698 | Rs. 324,589 |
Global & Local Trends
| Indicator | Rate / Value |
|---|---|
| International Gold (per Ounce) | $4,810 |
| Karachi Market (Tola) | Rs. 504,800 |
| Lahore Market (Tola) | Rs. 504,800 |
10-Day Historical Performance
| Date | Rate (24K) | Movement |
|---|---|---|
| Apr 16, 2026 | Rs. 504,800 | ▼ Rs. 700 |
| Apr 15, 2026 | Rs. 505,500 | ▲ Rs. 1,500 |
| Apr 14, 2026 | Rs. 504,000 | ▲ Rs. 1,000 |
| Apr 13, 2026 | Rs. 503,000 | ▼ Rs. 7,500 |
| Apr 12, 2026 | Rs. 510,500 | – Stable – |
| Apr 11, 2026 | Rs. 510,500 | ▼ Rs. 500 |
| Apr 10, 2026 | Rs. 511,000 | ▲ Rs. 3,000 |
| Apr 09, 2026 | Rs. 508,000 | ▼ Rs. 2,000 |
| Apr 08, 2026 | Rs. 510,000 | ▲ Rs. 10,500 |
| Apr 07, 2026 | Rs. 499,500 | – Initial – |
Price Volatility Graph
Detailed Professional Analysis
Market Dynamics & Today’s Performance
Today’s decline of Rs. 700 (0.14%) is a classic technical “pullback” following yesterday’s attempt to break past the Rs. 506,000 resistance level. The market is currently oscillating within a high-value bracket, indicating that while the long-term trend remains bullish, the immediate buying power in the local retail market is reaching a saturation point.
Key Economic Drivers
- International Influence: The global gold price at $4,810/oz acts as a strong anchor. Minor global dips translate directly to local reductions when the currency is steady.
- Currency Stability: Relative calm in the interbank PKR/USD parity has allowed the bullion market to behave rationally, following international spot prices without localized panic spikes.
- Shift in Demand: High price points are causing a slight shift from 24K pure investment gold toward 22K jewelry as consumers seek utility-based value.
Technical Outlook for Investors
Support Level: Rs. 502,500. A breach below this could signal a deeper correction phase.
Resistance Level: Rs. 506,500. A sustained close above this is required to challenge the Rs. 511,000 peak.
Investor Strategy: For short-term traders, a “Buy on Dips” strategy near Rs. 503k remains viable. Long-term holders should maintain positions as global economic uncertainty continues to support precious metals.
Resistance Level: Rs. 506,500. A sustained close above this is required to challenge the Rs. 511,000 peak.
Investor Strategy: For short-term traders, a “Buy on Dips” strategy near Rs. 503k remains viable. Long-term holders should maintain positions as global economic uncertainty continues to support precious metals.