KARACHI – Gold prices in Pakistan continued their sharp downward trend on Saturday with the precious metal losing another Rs2,500 per tola, bringing its cumulative decline over 3 trading sessions to Rs12,500.
The latest drop pushed price of 24-karat gold to Rs422,036 per tola, its lowest level in recent weeks. The price of 10 grams of gold also fell by Rs2,144, settling at Rs361,827. October 24 decline came just day after gold suffered massive Rs7,000 per tola drop on Friday, when the price slipped to Rs424,536.
| Category | Latest Price | Daily Change |
|---|---|---|
| 24K Gold – Per Tola | Rs422,036 | −Rs2,500 |
| 24K Gold – 10 Grams | Rs361,827 | −Rs2,144 |
| International Gold – Ounce | $3,995 | −$25 |
| Silver – Per Tola | Rs5,858 | −Rs7 |
The sustained decline has erased Rs9,500 per tola in just two sessions and Rs12,500 since Wednesday, October 21, when gold was trading at Rs434,536.
The latest fall in domestic gold prices coincided with another decline in the international bullion market. Global gold prices shed $25 per ounce, bringing the international rate to $3,995 and pushing the precious metal below the key $4,000 threshold.
Silver also moved lower, with its price declining by Rs7 to Rs5,858 per tola.
Gold Rates in Lahore, Karachi and Peshawar
In Lahore, the gold piece category was quoted at Rs420,000 for selling and Rs419,300 for buying, while Pathoor gold stood at Rs414,500 for selling and Rs412,500 for buying. Karachi’s reported selling rate was Rs419,500, while Peshawar recorded a substantially higher quotation of Rs433,000.
| City / Category | Selling Rate | Buying Rate |
|---|---|---|
| Lahore – Gold Piece | Rs420,000 | Rs419,300 |
| Lahore – Pathoor Gold | Rs414,500 | Rs412,500 |
| Karachi – Gold | Rs419,500 | Not provided |
| Peshawar – Gold | Rs433,000 | Not provided |
The falling prices provide some breathing space for those planning to purchase gold jewellery, particularly during the wedding season or for investment. However, buyers should keep in mind that jewellery prices can differ from official bullion quotations because of making charges, purity, retailer margins and other expenses.
Today Gold Rates in Pakistan – 18, 21, 24Karat Gold Price – 24 October 2026
News Desk
The writer is a staff member.