Gold price in Pakistan falls Rs4,900 per tola

Gold prices in Pakistan fell on Friday, November 13, with 24-karat gold quoted at Rs411,636 per tola, a daily decline of Rs4,900, Mettis Global reported. The 10-gram rate for 24-karat gold dropped Rs4,201 to Rs352,911, while 22-karat gold was priced at Rs323,513 per 10 grams, based on rates issued by the All-Pakistan Gems and Jewelers Sarafa Association.

Silver also weakened locally: 24-karat silver was Rs5,467 per tola, down Rs111, and Rs4,687 per 10 grams, down Rs95. In contrast, international spot gold was near $3,895 an ounce, up $14.6, or 0.38%, from the previous session; market attention was focused on forthcoming US inflation figures. The differing domestic and international moves provide context for readers tracking precious-metal prices in Pakistan.