After witnessing a significant hike for a day, the price of gold in Pakistan dropped again on Saturday following changes in the global rates.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold fell by Rs1,600 per tola, bringing it down to Rs422,562.
In the local market, the price of 10 grams of 24-karat gold decreased by Rs1,372, settling at Rs362,278. Similarly, 10 grams of 22-karat gold were sold at Rs332,100, down by a good Rs1,257 compared to the previous day.
Also Read: Gold price in Pakistan surges again: Oct 31, 2025
On the international front, gold dropped by $16, reaching $4,002 per ounce, reflecting a consistent downward trend driven by strengthening global currencies and cautious investor sentiment.
Silver also declines
Silver prices also followed the same trend. The rate of 24-karat silver per tola declined by Rs65 to settle at Rs5,127, while 10 grams of silver were being sold for Rs4,395.
Analysts note that fluctuations in the interbank exchange rate and uncertainty in global demand continue to impact precious metal prices in Pakistan. Investors are expected to watch both currency movements and international gold market trends closely in the coming days.
