Gold price in Pakistan rises further by Rs2,500
MG News | November 22, 2024 at 12:47 PM GMT+05:00
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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