Gold price in Pakistan declines by Rs800 per tola
MG News | December 27, 2024 at 03:33 PM GMT+05:00
December 27, 2024 (MLN): Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs273,200 per tola, down Rs800.
Similarly, 24-karat gold per 10-gram was sold at Rs234,225 after a decline of Rs686, 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 Rs214,706 per 10-gram.
On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,350 per tola and Rs2,872 per 10-gram.
| PKR (24-karat per tola) | Dec 27, 2024 | Dec 26, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 273,200 | 274,000 | -800 | -2,000 | 31,500 | 53,200 |
| Silver | 3,350 | 3,350 | 0 | -50 | 500 | 670 |
Globally, spot gold traded near $2,630 an ounce, down $2 or 0.08% from the previous session.
Gold prices were stuck in a tight range on Friday after rising to their highest in a week in the previous session as geopolitical tensions supported safe-haven demand and led the metal to be on track for a small weekly gain.
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