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Business & Commerce

Gold Prices Decline in Pakistan — April 29, 2026

Last updated: April 29, 2026 8:36 pm
Ayan Ahmed
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Gold prices moved lower in Pakistan on Wednesday, April 29, 2026, with local market trackers showing a clear downward trend, even though the exact rate varied a bit from one platform to another. The most widely repeated quote during the day placed 24-karat gold at Rs480,500 per tola and Rs411,960 per 10 grams, according to market pages that say they follow sarafa-market data.

At the same time, several other live trackers showed a softer reading of Rs476,500 per tola for 24K gold, with daily declines explicitly noted on-page. Hamariweb’s live update said gold in Pakistan had dropped by Rs4,000 per tola to Rs476,500, while PakBiz showed the same 24K figure in its updated listing for April 29.

That split matters, but it doesn’t change the headline: gold was down in Pakistan today. Whether the market was being quoted at Rs476,500 or Rs480,500 per tola, the direction was the same — lower than earlier readings and under pressure from broader bullion-market moves.

One local report also tied the fall directly to the global market. Bol News reported that gold in Karachi fell by Rs5,500 per tola, bringing the price to Rs479,562, and said the decline followed weakness in the international bullion market. That gives the local drop a wider context: Pakistan’s gold prices are still being pushed around by external market swings, not just domestic demand.

So, for readers and buyers trying to make sense of today’s market, the practical takeaway is straightforward: Pakistan’s gold rate declined on April 29, 2026, with 24K gold trading in roughly the Rs476,500 to Rs480,500 per tola range, depending on source and update timing. The variation likely reflects different refresh cycles and slightly different market references, but the intraday trend was clearly negative.

Jewellers and retail buyers will probably keep watching for another update before the next trading session, especially if international bullion prices remain volatile. For now, though, the market tone in Pakistan is unmistakable: gold has eased back after recent highs.

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