Gold price in Pakistan falls Rs300 per tola

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MG News | January 27, 2025 at 04:50 PM GMT+05:00

January 27, 2025 (MLN): Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs289,100 per tola, down Rs300.

Similarly, 24-karat gold per 10-gram was sold at Rs247,856 after a decline of Rs257, 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 Rs227,209 per 10-gram.

Similarly, silver prices fell in the domestic market, with 24-karat silver being sold at Rs3,395 per tola (-Rs14) and Rs2,910 per 10-gram (-Rs12).

PKR (24-karat per tola) Jan 27, 2025 Jan 25, 2025 DoD 1 Month FYTD CYTD
Gold 289,100 289,400 -300 15,900 47,400 16,500
Silver 3,395 3,409 -14 45 545 45

Globally, spot gold traded near $2,770 an ounce, up $3.2 or 0.12% from the previous session.

The dollar gained 0.3%, making gold expensive for other currency holders, while investors focussed on the Federal Reserve's first meeting of 2025 for more guidance on the U.S. interest rate path.

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