Gold price in Pakistan gains Rs1,100 per tola
MG News | July 05, 2024 at 03:15 PM GMT+05:00
July 05, 2024 (MLN): Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs244,400 per tola, up Rs1,100 per tola.
It is worth noting that the price has been kept a significant Rs3,000 below its actual cost today due to a reduction in purchasing power.
The Karachi Sarafa Association reported the price of 24-karat gold at Rs209,534 per tola per 10-gram, up Rs944 per tola.
Similarly, the price of 22-karat gold was quoted higher at Rs192,072 per 10-gram.
On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs2,850 per tola and Rs2,443 per 10-gram.
On the global front, spot gold traded near $2,363 an ounce, up $6.8 or 0.29% from the previous session.
| PKR (24-karat per tola) | Jul 05, 2024 | Jul 04, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 244,400 | 243,300 | 1,100 | 1,400 | 2,700 | 24,400 |
| Silver | 2,850 | 2,850 | 0 | 50 | 0 | 170 |
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