Gold nears Rs300,000 per tola

MG News | February 05, 2025 at 06:57 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 05, 2025 (MLN): Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs299,600 per tola, up Rs5,300.

Similarly, 24-karat gold per 10-gram was sold at Rs256,859 after a gain of Rs4,545, 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 Rs235,454 per 10-gram.

Similarly, silver prices rose in the domestic market, with 24-karat silver being sold at Rs3,350 per tola (+Rs36) and Rs2,872 per 10-gram (+Rs31).

Gold prices soared to a historic high on Wednesday, reaching unprecedented levels as investors flocked to the precious metal amid growing economic uncertainty.

PKR (24-karat per tola)	Feb 05, 2025	Feb 04, 2025	DoD	1 Month	FYTD	CYTD
Gold	299,600	294,300	5,300	24,600	57,900	27,000
Silver	3,350	3,314	36	0	500	0

Globally, spot gold traded near $2,866 an ounce, up $25.3 or 0.89% from the previous session.

Gold prices climbed 1% on Wednesday, continuing their record rally as investors sought the safe-haven asset due to concerns about the escalating U.S.-China trade war and its impact on economic growth.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,924.32 118.89M	-1.21% -2006.67
ALLSHR	99,526.88 364.30M	-1.08% -1083.61
KSE30	48,313.81 50.96M	-1.53% -750.07
KMI30	235,637.18 55.46M	-1.36% -3247.37
KMIALLSHR	64,683.09 191.88M	-0.90% -587.30
BKTi	45,181.21 14.21M	-1.56% -715.82
OGTi	33,395.61 3.57M	-0.82% -277.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,330.00	81,575.00 81,095.00	-125.00 -0.15%
BRENT CRUDE	113.07	113.50 109.81	4.25 3.91%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.55 -1.19%
ROTTERDAM COAL MONTHLY	147.10	0.00 0.00	1.80 1.24%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	99.10	100.17 97.72	1.95 2.01%
SUGAR #11 WORLD	20.13	20.64 20.10	-0.32 -1.56%