Precious metal prices in Pakistan dropped sharply on Saturday, driven by a steep decline in the global market. According to figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the cost of 24-karat gold fell by Rs. 10,800 per tola to reach Rs. 409,736.

The rate for 10 grams of 24-karat gold decreased by Rs. 9,259, settling at Rs. 351,282. Silver also saw a reduction, with the per tola price dropping by Rs. 142 to reach Rs. 5,388.

Latest Gold and Silver Rates

  • 24-karat gold per tola: Friday Rs. 420,536, Saturday Rs. 409,736, Change -Rs. 10,800
  • 24-karat gold per 10 grams: Friday Rs. 360,541, Saturday Rs. 351,282, Change -Rs. 9,259
  • Silver per tola: Friday Rs. 5,530, Saturday Rs. 5,388, Change -Rs. 142
  • International gold per ounce: Friday $3,980, Saturday $3,872, Change -$108

Second Big Fall in Two Days

Saturday marked the second consecutive day of declines, following a drop of Rs. 5,100 per tola on Friday. Prices had remained steady at Rs. 425,636 per tola on Thursday.

In total, gold lost Rs. 15,900 per tola across the two trading days. The domestic drop mirrored global trends, as international gold fell by $108 to $3,872 per ounce, pushing further below the $4,000 threshold it crossed a day earlier.

What This Means for You

The single-day reduction of Rs. 10,800 equals a 2.6 percent drop from Friday, matching the 2.7 percent decline seen internationally. Buyers experience immediate savings under these rates:

  • Half a tola of 24-karat gold costs about Rs. 204,868, which is roughly Rs. 5,400 lower than Friday.
  • One tola costs Rs. 409,736, showing a decrease of Rs. 10,800 from Friday and Rs. 15,900 from Thursday.
  • Two tolas are priced at about Rs. 819,472, down by approximately Rs. 21,600 from the previous day.

Current prices sit Rs. 32,300 per tola, or about 7.3 percent, below the peak of Rs. 442,036 recorded on October 10. A buyer purchasing two tolas today saves about Rs. 64,600 compared to that peak period. These figures reflect pure 24-karat gold rates from the association, meaning final retail purchases include additional making charges set by shops. Conversely, families holding two tolas of gold as savings experienced a paper loss of about Rs. 31,800 since Thursday.

Rs. 4 Lac Level Back in Focus

The per tola rate now sits only Rs. 9,736 above the Rs. 400,000 mark. Reports earlier in the week indicated that a drop below Rs. 400,000 remained possible. Because local rates track international trends, upcoming price movements will depend on global market activity when trading resumes.