Gold price in Pakistan rises Rs4,000 per tola

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MG News | June 12, 2025 at 03:48 PM GMT+05:00

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June 12, 2025 (MLN): Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs356,900 per tola, up Rs4,000.

Similarly, 24-karat gold per 10-gram was sold at Rs305,984 after a gain of Rs3,687, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).

The price of 22-karat gold was also quoted higher at Rs280,495 per 10-gram.

 

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,745 per tola and Rs3,210 per 10-gram.

PKR (24-karat per tola)Jun 12, 2025Jun 11, 2025DoD1 MonthFYTDCYTD
Gold356,900352,9004,00012,700115,20084,300
Silver3,7453,7450263895395

Globally, spot gold traded near $3,383 an ounce, up $18.4 or 0.55% from the previous session.

Gold prices climbed to a one-week high on Thursday, supported by escalating tensions in the Middle East, a weaker U.S. dollar, and softer-than-expected U.S. inflation data.

These factors strengthened expectations of Federal Reserve rate cuts, while investors now await another set of inflation data for further direction.

Copyright Mettis Link News

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