Domestic bullion markets displayed a mixed performance, with gold rates falling significantly in Pakistan for 24-karat variant gold prices while silver prices showed marked gains, mirroring mixed movements on international markets.
According to data released by All Pakistan Sarafa Gems and Jewellers Association, 24 karat gold per tola has seen its price decline by Rs 1,000; currently standing at Rs 434,762.
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Also, the 10 grams of 24-karat gold has seen its price fall by Rs 857 to settle at Rs 372,738; 22-karat gold used in jewelry has followed suit by decreasing by 786 rupees to come down to Rs 341,688 per 10 grams.
Pakistan’s local gold rate subsequently experienced a downward adjustment due to fluctuations in international markets; as such, gold dropped $10 to reach $4,124 per ounce.
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Silver was the star performer of the day. Domestic prices for silver per tola increased by Rs 81 to close at Rs 5,434 while 10 grams prices saw a similar spike, reaching Rs 4,658.
This rally was propelled forward by an increase in global silver prices – up $0.81 from their earlier level to reach $51.72 per ounce globally.
The association, which sets daily benchmark gold rates in Pakistan, stated that these prices are determined based on interbank exchange rates; their purity depends on fineness.
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Market analysts suggest that the drop in gold prices might present investors with an opportunity to purchase, while silver’s impressive gain suggests strong industrial demand and investor interest.
The rates are official as of Wednesday, November 12, 2025.
