Gold prices in Pakistan fell sharply on Friday, November 6, 2026, dropping Rs6,500 per tola to Rs429,136, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The fall reversed much of the previous day’s sharp rise, when gold had climbed Rs9,600 per tola.
What happened?
The local gold market followed a decline in international bullion prices. The APGJSA’s latest rates show 24-karat gold easing after a volatile week in which prices had risen for three consecutive days, including a Rs13,900 jump on November 4 and a Rs9,600 rise on November 5.
Key details
- Gold per tola (24-karat): Rs429,136, down Rs6,500 from Thursday’s Rs435,636.
- Gold per 10 grams: Rs367,914, down Rs5,573.
- International gold fell by $65 per ounce to $4,066, down from $4,131.
- Silver also became cheaper, falling Rs85 per tola to Rs5,678.
- Gold prices in Pakistan move with international bullion rates and the rupee-dollar exchange rate, so a fall abroad is usually reflected in local rates the same day.
What it means for people in Pakistan
For jewellery and wedding buyers, the drop brings some relief after three days of steep increases. For families who hold gold as a store of savings, the value of what they own has eased back. The published bullion rate is a guide, not the final shop price — jewellers add making charges and other costs. Gold rates can move sharply in either direction, so today’s level is a snapshot of the market, not a forecast.
Source: https://netmag.pk/gold-prices-crash-by-rs-6500-per-tola-in-pakistan-after-recent-surge/
