Gold price in Pakistan rises further by Rs2,500

MG News | November 22, 2024 at 12:47 PM GMT+05:00

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November 22, 2024 (MLN): Gold price in Pakistan increased on Friday, extending its rebound after Goldman Sachs Group Inc. reiterated a forecast for international prices to reach $3,000 an ounce next year.

24-karat gold was sold at Rs280,500 per tola after a gain of Rs2,500.

Globally, spot gold traded near $2,694 an ounce, up $25.4 or 0.95% from the previous session.

Similarly, 24-karat gold per 10-gram was sold at Rs240,483 after an increase of Rs2,143, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).

The price of 22-karat gold was also quoted higher at Rs220,443 per 10-gram.

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,450 per tola and Rs2,957 per 10-gram.

PKR (24-karat per tola)	Nov 22, 2024	Nov 21, 2024	DoD	1 Month	FYTD	CYTD
Gold	280,500	278,000	2,500	-4,900	38,800	60,500
Silver	3,450	3,450	0	100	600	770

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