Gold jumps to new record in Pakistan
MG News | October 16, 2024 at 12:59 PM GMT+05:00
October 16, 2024 (MLN): Gold price in Pakistan jumped to a fresh record on Wednesday, with 24-karat gold being sold at Rs277,200 per tola, up Rs2,200.
It is up 26% so far this year, with the US Federal Reserve interest-rate cut optimism boosting appeal for the precious metal.
The Karachi Sarafa Association reported the price of 24-karat gold at Rs237,654 per 10-gram, up Rs1,886.
Similarly, the price of 22-karat gold was quoted higher at Rs217,850 per 10-gram.
On the global front, spot gold traded near $2,676 an ounce, up $15.6 or 0.59% from the previous session.
On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,050 per tola and Rs2,615 per 10-gram.
| PKR (24-karat per tola) | Oct 16, 2024 | Oct 15, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 277,200 | 275,000 | 2,200 | 9,200 | 35,500 | 57,200 |
| Silver | 3,050 | 3,050 | 0 | 100 | 200 | 370 |
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
| ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
| KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
| KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
| KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
| BKTi | 37,831.34 13.04M | 1.62% 603.62 |
| OGTi | 27,440.63 3.93M | -0.09% -23.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 116,945.00 | 119,740.00 116,945.00 | -1350.00 -1.14% |
| BRENT CRUDE | 73.34 | 73.63 71.75 | 0.83 1.14% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.14 | 70.51 68.45 | 0.93 1.34% |
| SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|