Gold jumps Rs3,800 to hit record Rs308,000 per tola
MG News | February 19, 2025 at 02:59 PM GMT+05:00
February 19, 2025 (MLN): Gold prices in Pakistan surged to an all-time high on Wednesday, with 24-karat gold reaching Rs308,000 per tola after a sharp increase of Rs3,800.
Similarly, 24-karat gold per 10-gram was sold at Rs264,060 after a gain of Rs3,258, 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 Rs242,063 per 10-gram.
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Similarly, silver prices rose in the domestic market, with 24-karat silver being sold at Rs3,440 per tola (+Rs90) and Rs2,949 per 10-gram (+Rs77).
| PKR (24-karat per tola) | Feb 19, 2025 | Feb 18, 2025 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 308,000 | 304,200 | 3,800 | 25,100 | 66,300 | 35,400 |
| Silver | 3,440 | 3,350 | 90 | 68 | 590 | 90 |
Globally, spot gold traded near $2,945 an ounce, up $11.5 or 0.39% from the previous session.
Gold prices rose as concerns over economic growth, driven by uncertainty surrounding U.S. President Donald Trump's tariff plans, prompted safe-haven flows into bullion.
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