Gold hits Rs300,000 per tola

MG News | February 07, 2025 at 03:48 PM GMT+05:00
February 07, 2025 (MLN): Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs300,046 per tola, up Rs1,346.
Similarly, 24-karat gold per 10-gram was sold at Rs257,241 after a gain of Rs1,154, 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 Rs235,812 per 10-gram.
Similarly, silver prices rose in the domestic market, with 24-karat silver being sold at Rs3,378 per tola (+Rs51) and Rs2,896 per 10-gram (+Rs44).
PKR (24-karat per tola) | Feb 07, 2025 | Feb 06, 2025 | DoD | 1 Month | FYTD | CYTD |
---|---|---|---|---|---|---|
Gold | 300,046 | 298,700 | 1,346 | 23,046 | 58,346 | 27,446 |
Silver | 3,378 | 3,327 | 51 | 28 | 528 | 28 |
Globally, spot gold traded near $2,866 an ounce, up $8.3 or 0.29% from the previous session.
Gold firmed on Friday and was on track for a sixth consecutive week of gains on a trade war-fuelled safe-haven demand, while attention turned to the upcoming U.S. non-farm payrolls report for cues on the Federal Reserve's interest rate path.
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