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

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.

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