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.

Copyright Mettis Link News

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