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Pakistan Edition · Tuesday, 1 September 2026

Finance

Gold hits a record in Karachi as wedding season meets a nervous rupee

Jewellers say volumes are thinner than the headlines. Families are buying lighter sets, not more of them.

Hassan Malik

Hassan Malik

Finance editor, Karachi

30 August 2026 at 8:10 am · 4 min read

Gold jewellery displayed in a shop window

24-carat gold printed a record in Sarafa Bazaar on Saturday, driven by a firm international price and a rupee that still makes imports feel expensive. Wedding demand is real, jewellers said, but it is more selective: families are choosing fewer pieces, not abandoning gold.

If you are buying for a wedding this winter, ask for the making-charge breakdown in writing. The spot price is only half the bill.

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Written by Hassan Malik, Finance editor

Gold hits a record in Karachi as wedding season meets a nervous rupee · Manzar