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Re:

Gold and Silver Prices in Pakistan on 18 November 2025

On 18 November 2025, reported 24-karat rates were Rs423,662 per tola for gold and Rs5,245 per tola for silver. Both fell from the previous day.
From TheFinanceBase Team2 min to read
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On 18 November 2025, reported 24-karat gold rates in Pakistan were Rs423,662 per tola and Rs363,221 per 10 grams. Reported 24-karat silver rates were Rs5,245 per tola and Rs4,496 per 10 grams. News reports attributed the domestic rates to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA); these are historical reported rates, not live quotes.

Pakistan gold and silver rates on 18 November 2025

Metal and purity Per tola Per 10 grams Change per tola from 17 November
Gold, 24-karat Rs423,662 Rs363,221 Down Rs7,000
Silver, 24-karat Rs5,245 Rs4,496 Down Rs123

Mettis Global reported these rates and daily changes, and an Associated Press of Pakistan report republished by ProPakistani gave the same per-tola gold and silver figures. Mettis Global’s 18 November 2025 report and ProPakistani’s republication of the APP report attribute the domestic rates to APGJSA.

How rates changed from the previous day

On 17 November, the comparison values were Rs430,662 per tola for 24-karat gold and Rs5,368 per tola for 24-karat silver. The reported 18 November rates therefore reflected declines of Rs7,000 and Rs123 per tola, respectively, according to Mettis Global.

Why another report lists a different gold price

A Pakistan Observer page with the same date in its title lists 24-karat gold at Rs437,000 per tola. That conflicts with the Rs423,662 figure reported by Mettis Global and the APP report republished by ProPakistani. Mettis Global’s comparison table published the following day also supports Rs423,662 for 18 November. The reviewed sources do not explain the discrepancy, so Rs423,662 is the better-supported reported figure, while the cause of the conflicting entry remains unverified.

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Pakistan Observer’s same-date page contains the conflicting entry; Mettis Global’s next-day comparison gives the lower rate for 18 November.

What the reported prices do—and do not—tell you

These are rates reported by news outlets as APGJSA figures. The reviewed reports do not establish that every jeweler or city transacted at exactly these prices, nor do they provide dependable city-by-city rates or a direct APGJSA bulletin explaining how the association calculates them. A reported association rate should therefore be treated as a market reference, not a guaranteed quote for a particular purchase or sale.

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International gold figures reported that day

Mettis Global reported international gold near $4,022 per ounce, down $14.3, or 0.35%, from the prior session. The APP report republished by ProPakistani reported an association figure of $4,013 per ounce, down $70. The reports describe these figures differently; they should not be treated as the same measure.

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