Gold and Silver Prices Fall Sharply in Pakistan

Gold prices have faced a sharp decline for the third consecutive day, both in Pakistan and globally. According to the All Pakistan Sarafa Gems and Jewellers Association, 24-karat gold decreased by Rs7,000 per tola, dropping to Rs423,662. This marks a significant downturn in the local gold market. Similarly, 10 grams of 24-karat gold also saw a decline of Rs6,002, bringing its value to Rs363,221.

In addition, 22-karat gold saw a notable drop of Rs5,502 per 10 grams, now priced at Rs332,964. These declines follow a global trend of decreasing gold prices, driven by strengthening currencies and cautious market sentiment. On the international market, gold dropped by $70 per ounce, settling at $4,013.

The decline in gold prices has been largely attributed to stronger global currencies, which have made gold less attractive as a safe haven for investors. This has caused a steady decrease in demand and, subsequently, in gold prices. Despite this, gold remains a valuable commodity, but its value is more volatile in the current market climate.

In line with the fall in gold prices, silver prices also saw a decrease. The price of 24-karat silver per tola dropped by Rs123, bringing its value to Rs5,245. Similarly, 10 grams of silver is now priced at Rs4,496.

As both gold and silver prices continue to fall, investors and consumers are facing a shifting market. Experts warn that global economic factors, including currency strength and investor caution, may continue to influence precious metal prices.

READ MORE : Gold Prices Drop in Pakistan Amid Global Decline

Gold prices in Pakistan fell on Tuesday, November 4, 2025, following a drop in the international market. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold dropped by Rs 3,500 per tola. It now stands at Rs 420,362, down from Rs 423,862 on the previous day.

The price of 10 grams of 24-karat gold decreased by Rs 3,001 to Rs 360,392. Similarly, 10 grams of 22-karat gold saw a reduction of Rs 2,859, bringing it to Rs 330,263. These declines reflect the downward trend in the global gold market, where the price fell by $35 to $3,980 per ounce.

In addition to gold, silver prices also saw a dip. The rate for silver per tola decreased by Rs 130, bringing it to Rs 5,022. The price of 10 grams of silver also dropped by Rs 112 to Rs 4,305. Internationally, silver prices fell by $1.30 to $47.60 per ounce, according to the APGJSA.