Gold price in Pakistan gains Rs600 per tola

MG News | June 12, 2024 at 01:27 PM GMT+05:00

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June 12, 2024 (MLN): Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs241,900 per tola, up Rs600 per tola.

The Karachi Sarafa Association reported the price of 24-karat gold at Rs207,390 per tola per 10-gram, up Rs514 per tola.

Similarly, the price of 22-karat gold was quoted higher at Rs190,108 per 10-gram.

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs2,750 per tola and Rs2,358 per 10-gram.

On the global front, spot gold traded near $2,314 an ounce, largely unchanged from the previous session.

Traders are closely monitoring the US inflation data landing just hours ahead of the Federal Reserve’s interest rate decision today.

PKR (24-karat per tola)	Jun 12, 2024	Jun 11, 2024	DoD	1 Month	FYTD	CYTD
Gold	241,900	241,300	600	-400	25,900	21,900
Silver	2,750	2,750	0	100	200	70

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