Web Desk Pakistan’s gold market witnessed another correction on Thursday as bullion prices declined in local trading centres following fluctuations in the international market. The latest rates issued for May 14, 2026, showed that 24K gold was being traded at Rs. 478,000 per tola, marking a decline of Rs. 1,000 compared to the previous trading session.
According to updated market data, the price of 24K gold per 10 grams was recorded at Rs 409,808, while the per-gram rate stood near Rs 40,981. Similarly, 22K gold reached Rs. 438,279 per tola and Rs. 375,658 per 10 grams in local markets.
The downward trend comes after recent sharp increases in bullion prices that pushed gold to historic highs in Pakistan. Market activity on Thursday reflected cautious sentiment among buyers as traders adjusted rates in response to changing international gold prices and global investment flows.
The latest bullion chart also showed that 21K gold was available at Rs. 418,358 per tola, while 20K gold traded at Rs. 398,436. Meanwhile, 18K gold prices stood at Rs 358,592 per tola and Rs 307,356 per 10 grams in local jewellery markets.
Internationally, gold prices remained around $4,692 per ounce as investors continued evaluating inflation trends, interest rate expectations and global economic conditions. The international market remains one of the biggest factors influencing Pakistan’s gold prices because local bullion rates are largely linked to global benchmarks and dollar movements.
In major commercial centres including Karachi, Lahore and Islamabad, the bullion trade remained active as consumers continued monitoring prices for investment and jewellery purchases. Demand for 22K bridal jewellery and certified 24K gold bars remained visible despite market volatility.
Gold maintains a strong position within Pakistan’s economic landscape due to its role as a hedge against inflation and currency depreciation. During periods of uncertainty, households often shift toward gold as a safer asset for preserving purchasing power and long-term savings.
The latest decline in prices may encourage some retail buyers to re-enter the market after weeks of record-high trading. However, continued uncertainty in global financial markets means further fluctuations remain possible over the coming days.
Over the last several sessions, Pakistan’s gold market has experienced rapid movements as local prices reacted to changing international conditions. Traders expect future price direction to depend heavily on global bullion demand, central bank policies, oil prices, and exchange rate stability.
Even after the latest correction, gold prices in Pakistan continue trading at historically high levels, reflecting the broader strength of international precious metals markets and sustained domestic demand across the country.
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