Gold hits highest ever price in Pakistan at Rs317,350 per tola
MG News | March 18, 2025 at 04:16 PM GMT+05:00
March 18, 2025 (MLN): Gold prices in Pakistan hit a record high on Tuesday, soaring to Rs317,350 per tola with a sharp increase of Rs2,550.
Similarly, 24-karat gold per 10-gram was sold at Rs272,076 after a gain of Rs2,186, 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 Rs249,412 per 10-gram.
Similarly, silver prices rose in the domestic market, with 24-karat silver being sold at Rs3,555 per tola (+Rs25) and Rs3,047 per 10-gram (+Rs21).
| PKR (24-karat per tola) | Mar 18, 2025 | Mar 17, 2025 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 317,350 | 314,800 | 2,550 | 9,350 | 75,650 | 44,750 |
| Silver | 3,555 | 3,530 | 25 | 115 | 705 | 205 |
Globally, spot gold traded near $3,023 an ounce, up $23.8 or 0.79% from the previous session.
Gold prices scaled a record peak above the crucial $3,000-mark on Tuesday for the second time within a week, as investors sought cover from economic concerns fuelled by U.S. President Donald Trump's tariff policies.
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