KARACHI: Gold and silver prices witnessed a significant decline in Pakistan’s local bullion markets on Thursday, November 12, 2026, with the price of gold falling by Rs10,900 per tola, while silver also recorded a notable decrease.
According to the rates released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold declined by Rs10,900 per tola, bringing it down to Rs416,536.
Similarly, the price of 10 grams of 24-karat gold dropped by Rs9,345 to settle at Rs357,112, according to the association.
Silver prices also followed a downward trend. The price of 24-karat silver fell by Rs190 per tola to reach Rs5,578.
Meanwhile, gold prices also witnessed a sharp decline in the international market, falling below the $4,000-per-ounce mark. The price of gold dropped by $190 per ounce to settle at $3,940.
The latest decline reflects a significant downward movement in both domestic and international bullion markets.
