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Gold price per tola falls Rs10,900 in Pakistan
Local jewellers said Pakistan’s 24-karat gold price fell to Rs 416,536 per tola as weaker bullion and a stronger US dollar pressured markets.
On Thursday, November 12, 2026, gold and silver futures on the Multi Commodity Exchange opened lower, with the December 4 gold contract falling 0.31 per cent to Rs 1,39,282 per 10 grams.
The US dollar's rise to a 19-month high and expectations of Federal Reserve tightening weighed on bullion, as Commodity Fundamental Analyst Pinky Yadav at Choice Broking cited 'stronger-than-expected October inflation data' for the downturn.
Silver futures maturing December 4, 2026, also declined, touching an intraday low of Rs 1,81,751 after a drop of 1.50 per cent, while gold futures fell as much as 0.94 per cent during the session.
Domestic gold prices in cities like Delhi and Mumbai also crumbled, with 24-carat gold per tola dropping by Rs 10,900 to Rs 416,536 according to the All-Pakistan Gems and Jewelers Sarafa Association .
Globally, spot gold traded near $3,951 an ounce, sliding approximately $27, while COMEX gold prices dropped 0.85 per cent to roughly USD 3,966.6 per troy ounce amid the international correction.
Gold and silver prices on the MCX saw a strong rally in the morning, but are now declining. Silver has fallen by ₹3,000 from its day's high, and gold prices have also declined.