Gold price in Pakistan falls Rs800 per tola

MG News | December 16, 2024 at 05:17 PM GMT+05:00

0:00

December 16, 2024 (MLN): Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs277,000 per tola, down Rs800.

Similarly, 24-karat gold per 10-gram was sold at Rs237,482 after a decline of Rs687, 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 Rs217,693 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 Rs2,915 per 10-gram.

PKR (24-karat per tola)	Dec 16, 2024	Dec 13, 2024	DoD	1 Month	FYTD	CYTD
Gold	277,000	277,800	-800	9,600	35,300	57,000
Silver	3,400	3,400	0	150	550	720

Globally, spot gold traded near $2,663 an ounce, up $11.7 or 0.44% from the previous session.

Gold prices gained on Monday on a softer dollar, while investor caution set in ahead of the U.S. Federal Reserve's policy meeting where the central bank is expected to deliver a third rate cut this year and provide hints regarding its 2025 outlook.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,747.75 206.22M	0.59% 1006.40
ALLSHR	103,721.52 393.89M	0.53% 545.32
KSE30	52,234.45 84.36M	0.58% 302.35
KMI30	246,468.91 60.37M	0.36% 883.11
KMIALLSHR	67,825.74 216.60M	0.44% 293.89
BKTi	46,202.66 42.58M	1.16% 530.53
OGTi	34,339.38 5.19M	0.01% 2.32

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,045.00	86,580.00 85,365.00	60.00 0.07%
BRENT CRUDE	60.18	60.40 60.15	-0.38 -0.63%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.15 1.28%
ROTTERDAM COAL MONTHLY	95.75	96.50 95.75	-0.95 -0.98%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	56.44	56.70 56.43	-0.38 -0.67%
SUGAR #11 WORLD	14.93	15.13 14.78	-0.17 -1.13%