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Gold prices drop Rs3,800 per tola

By Our Correspondent
May 05, 2026
An undated image of gold sets displayed at a jewellery store. — AFP/File
An undated image of gold sets displayed at a jewellery store. — AFP/File

KARACHI: Gold prices decreased by Rs3,800 per tola in the local market on Saturday following a decline in the international market. The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs479,962 per tola.

Similarly, the price of 10-gram gold dropped by Rs3,257 to Rs411,490.Gold rates decreased by $38 to $4,576 per ounce in the international market. Prices in the local market are adjusted by a premium of $20 against rates in the international market.Silver rates decreased by Rs100 to Rs7,914 per tola. Similarly, 10-gram silver rates also dropped by Rs86 to Rs6,784.