Gold hits record high at Rs319,000 per tola in Pakistan

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By MG News | March 19, 2025 at 10:47 PM GMT+05:00

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March 19, 2025 (MLN): Gold prices in Pakistan surged to an all-time high on Wednesday, with 24-karat gold reaching Rs319,000 per tola after an increase of Rs1,650.

Similarly, 24-karat gold per 10-gram was sold at Rs273,491 after a gain of Rs1,415, 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 Rs250,700 per 10-gram.

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,555 per tola and Rs3,047 per 10-gram.

PKR (24-karat per tola) Mar 19, 2025 Mar 18, 2025 DoD 1 Month FYTD CYTD
Gold 319,000 317,350 1,650 10,000 77,300 46,400
Silver 3,555 3,555 0 87 705 205

Globally, spot gold traded near $3,031 an ounce, down $0.4 or 0.01% from the previous session.

Gold rose to a record high on Wednesday as tensions in the Middle East and U.S. tariff uncertainties lifted the bullion's safe-haven appeal, while traders awaited the Federal Reserve's decision later in the day.

Copyright Mettis Link News

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