Gold price in Pakistan falls Rs 10,800 to Rs 409,736 a tola, down Rs 15,900 in two days

Gold price today in Pakistan (31 October 2026): Rs 409,736 a tola for 24-carat, down Rs 10,800, according to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) and reported by Business Recorder. Ten grams fell Rs 9,259 to Rs 351,282.

It is the second fall in two days. On Friday the tola rate dropped Rs 5,100 to Rs 420,536, so a tola is now Rs 15,900 cheaper than on Thursday. On 10 October a tola cost Rs 440,936, which puts Saturday's price about Rs 31,200 lower in three weeks.

Today's rates at a glance

Source: APGJSA rates as reported by Business Recorder. Sarafa markets in Karachi, Lahore and Rawalpindi usually add making charges on jewellery, so the shop price of a set is higher than the bullion rate.

Why gold fell

The local rate follows the international price in dollars, converted at the rupee rate. The world price lost $108 an ounce on the day, and the rupee was steady at about Rs 276.75 to the dollar, so almost all of the drop came from abroad. The fall comes in a week of heavy selling across global markets, with technology stocks and crypto also lower after the Binance hack.

What it means for you

• Buying for a wedding: a 5-tola set is about Rs 79,500 cheaper in bullion terms than on Thursday (5 x Rs 15,900), before making charges.
• Selling old jewellery: buyers deduct for purity and wastage, so check the carat first. Our gold converter turns grams into tolas and works out 22K and 21K values from the 24K rate.
• Zakat: the gold nisab is 7.5 tolas. At Saturday's rate that is about Rs 3,073,020. Use the zakat calculator to see whether your savings and jewellery cross the line.

Gold has swung by thousands of rupees a day all month, so a single day's drop is no guarantee of the next. See the daily 24-carat gold price history on our data page.