Gold hits record high in Pakistan at Rs303,100 per tola

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By MG News | February 11, 2025 at 04:49 PM GMT+05:00

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February 11, 2025 (MLN): Gold prices in Pakistan surged to an all-time high on Tuesday, with 24-karat gold reaching Rs303,100 per tola after a Rs100 increase.

Similarly, 24-karat gold per 10-gram was sold at Rs259,859 after a gain of Rs86, 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 Rs238,212 per 10-gram.

On the other hand, silver prices fell in the domestic market, with 24-karat silver being sold at Rs3,312 per tola (-Rs61) and Rs2,839 per 10-gram (-Rs52).

PKR (24-karat per tola) Feb 11, 2025 Feb 10, 2025 DoD 1 Month FYTD CYTD
Gold 303,100 303,000 100 22,300 61,400 30,500
Silver 3,312 3,373 -61 -38 462 -38

Globally, spot gold traded near $2,905 an ounce, down $12.9 or 0.44% from the previous session.

Gold's surge to a fresh record high is being fuelled by fears of an escalating global trade war instigated by U.S. President Donald Trump.

Copyright Mettis Link News

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