Gold price in Pakistan rises Rs1,000 per tola

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MG News | January 08, 2025 at 02:29 PM GMT+05:00

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January 08, 2025 (MLN): Gold price in Pakistan increased on Wednesday, with 24-karat gold being sold at Rs277,000 per tola, up Rs1,000.

Similarly, 24-karat gold per 10-gram was sold at Rs237,483 after a gain of Rs858, 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 Rs217,693 per 10-gram.

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,350 per tola and Rs2,872 per 10-gram.

PKR (24-karat per tola) Jan 08, 2025 Jan 07, 2025 DoD 1 Month FYTD CYTD
Gold 277,000 276,000 1,000 600 35,300 4,400
Silver 3,350 3,350 0 -50 500 0

Globally, spot gold traded near $2,653 an ounce, up $4.1 or 0.16% from the previous session.

Gold prices edged up on Wednesday, as focus shifted to a key U.S. jobs report due later this week that could influence the Federal Reserve's rate path.

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