The ban, announced by police yesterday, comes in the wake of clashes earlier this month at pro-Palestinian demonstrations, in which some protesters shouted anti-Semitic slogans and fought with police.
Two of those rallies had been banned but went ahead anyway.
Following yesterday's announcement, French Interior Minister Bernard Cazeneuve appealed on organisers to cancel the rally.
"I urge the organisers to abandon the event on Saturday," he told AFP, accusing them of taking a "high-risk path" if they went ahead.
"The government is trying to ban a fundamental right," said Omar Alsoumi, an organiser of the protest and member of the Palestinian Youth movement.
The administrative court in Paris threw out the appeal, meaning that the ban remained in place, a legal source said.
On Wednesday, several thousand people protested peacefully in Paris against the Israeli offensive in Gaza.
Police said the rally attracted about 14,500 people, while organisers put the figure at 25,000.
The government, which had banned the prior protests seeking to restrain what it called anti-Semitic radicals, authorised the march after its organisers gave "security guarantees."
The conflict has stirred up huge passions in France -- home to the largest Muslim and Jewish communities in western Europe with around five million Muslims and half a million Jews.
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