KARACHI – Gold prices in Pakistan witnessed major dip in Pakistan on November 12 amid a sharp downturn in international bullion market.
The 24-karat gold falls by Rs10,900 per tola to Rs416,536, whereas the price of 10 grams of gold decreased by Rs9,345, bringing the new rate to Rs357,112.
Gold Prices Today
| Category | New Price |
| International Gold (per ounce) | $3,940 |
| Gold (per tola) | Rs416,536 |
| Gold (10 grams) | Rs357,112 |
| Silver (per tola) | Rs5,578 |
| Silver (10 grams) | Rs4,782 |
| Lahore – Piece Gold (Selling) | Rs419,000 |
| Lahore – Piece Gold (Buying) | Rs418,000 |
| Lahore – Pathoor Gold (Selling) | Rs414,000 |
| Lahore – Pathoor Gold (Buying) | Rs412,000 |
| 1kg Bar (Quoted Selling Rate) | Rs5,670 |
| Karachi – Gold (Selling) | Rs419,000 |
| Peshawar – Gold (Selling) | Rs430,500 |
In the global market, gold witnessed a steep decline of $109 per ounce, pushing its price down to $3,940. The sharp correction was followed by a substantial reduction in local bullion rates.
Silver also came under selling pressure, with its per-tola price falling by Rs190 to Rs5,578. Similarly, the price of 10 grams of silver declined by Rs163 to Rs4,782.
Gold Prices in Lahore, Karachi and Peshawar
In Lahore, piece gold was quoted at Rs419,000 for selling and Rs418,000 for buying. Meanwhile, Pathoor gold was available at a selling rate of Rs414,000, with buyers offering Rs412,000. A separate market quotation listed the selling rate for a 1kg bar at Rs5,670, although the unit basis of this quotation was not specified.
In Karachi, the reported gold selling price stood at Rs419,000, while Peshawar recorded a comparatively higher rate of Rs430,500.
The latest fall in domestic gold prices comes amid a significant correction in international bullion rates, highlighting the close relationship between global market movements and Pakistan’s local precious metals trade.
