Gold price in Pakistan falls Rs2,100 per tola
MG News | December 17, 2024 at 05:33 PM GMT+05:00
December 17, 2024 (MLN): Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs274,900 per tola, down Rs2,100.
Similarly, 24-karat gold per 10-gram was sold at Rs235,682 after a decline of Rs1800, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).
The price of 22-karat gold was also quoted lower at Rs216,042 per 10-gram.
On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,400 per tola and Rs2,914.95 per 10-gram.
| PKR (24-karat per tola) | Dec 17, 2024 | Dec 16, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 274,900 | 277,000 | -2,100 | 5,000 | 33,200 | 54,900 |
| Silver | 3,400 | 3,400 | 0 | 150 | 550 | 720 |
Globally, spot gold traded near $2,637 an ounce, down $21 from the previous session.
Spot gold rose on Tuesday ahead of the Federal Reserve's policy meeting as the market keenly awaited the U.S. central bank's outlook for cues on the interest rate path in 2025.
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