Gold loses Rs 15,800 per tola in two days as Pakistan prices fall again

Gold prices in Pakistan declined for a second consecutive day on Friday, taking the combined two-day fall to Rs 15,800 per tola. The price of 24-karat gold dropped by Rs 4,900 during the latest session to settle at Rs 411,636 per tola.

The All-Pakistan Gems and Jewellers Sarafa Association quoted the price of 10 grams of gold at Rs 352,911, a decrease of Rs 4,201. Friday’s reduction followed a much larger decline on Thursday, when the per-tola price fell by Rs 10,900.

International gold prices also moved lower, losing $49 to reach $3,891 per ounce. In Pakistan’s silver market, the per-tola rate decreased by Rs 111 to Rs 5,467.

For jewellery buyers, the quoted gold rate is not the entire purchase cost. Making charges are added separately to the price of the gold.

Pakistan’s gold market had also recorded a substantial decline on 3 June 2026, when 24-karat gold lost nearly Rs 9,000 per tola and reached Rs 467,762, according to the All Pakistan Sarafa Gems and Jewelers Association. The 10-gram rate dropped by around Rs 7,373 to Rs 401,030 after several days of record-high prices. That decline accompanied a fall in international gold prices, while local jewellers were seeing slower purchases as high prices weakened demand for wedding jewellery and ornaments.

Pakistan’s gold prices were rising on 10 October 2026, completing a third consecutive day of gains. The association quoted 24-karat gold at Rs 442,036 per tola and Rs 378,974 for 10 grams. A Rs 5,900 increase on 9 October had taken the per-tola rate to Rs 440,936, following an increase on 8 October. International gold gained $11 to $4,195 per ounce on 10 October, while local silver rose Rs 43 to Rs 6,555 per tola, with 10 grams priced at Rs 5,619.