KARACHI, June 5: Gold prices recovered in Pakistan on Thursday as international bullion rates moved higher, reversing part of the losses recorded in the previous trading session.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold per tola increased by Rs1,523 to reach Rs469,285.

The price of 10 grams of gold also rose by Rs1,305, taking the rate to Rs402,335.

The upward movement in domestic prices followed gains in the international market, where gold advanced by $14 per ounce to trade at $4,468 per ounce.

The recovery comes after gold prices fell sharply on June 4, when the local market witnessed a decline of Rs4,400 per tola, offering temporary relief to buyers amid fluctuating global prices.

Gold Buyers Get Relief as Prices Drop Rs4,400 Per Tola

Thursday’s increase partially offset those losses as international rates moved back into positive territory.

Market observers said changes in global bullion prices continue to drive domestic gold rates, with investors closely monitoring international economic developments and demand for safe-haven assets.

Gold remains one of the most closely watched investment commodities in Pakistan, with daily price movements affecting traders, jewellers and consumers across the country.