Gold hits Rs304,000 per tola after Rs2,500 surge
MG News | February 13, 2025 at 04:13 PM GMT+05:00
February 13, 2025 (MLN): Gold prices in Pakistan surged to a historic high on Thursday, with 24-karat gold reaching Rs304,000 per tola after a Rs2,500 increase.
Similarly, 24-karat gold per 10-gram was sold at Rs260,631 after a gain of Rs2,144, 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 Rs238,920 per 10-gram.
Similarly, silver prices rose in the domestic market, with 24-karat silver being sold at Rs3,367 per tola (+Rs55) and Rs2,886 per 10-gram (+Rs47).
| PKR (24-karat per tola) | Feb 13, 2025 | Feb 12, 2025 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 304,000 | 301,500 | 2,500 | 26,100 | 62,300 | 31,400 |
| Silver | 3,367 | 3,312 | 55 | 17 | 517 | 17 |
Globally, spot gold traded near $2,917 an ounce, up $10.9 or 0.37% from the previous session.
Gold rose on Thursday, supported by a weaker U.S. dollar and growing worries over U.S. President Donald Trump's tariff plans, which could heighten global trade tensions, while investors eyed another set of inflation data.
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