Gold price in Pakistan rises Rs1,100 per tola

January 02, 2025 (MLN): Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs274,700 per tola, up Rs1,100.

Similarly, 24-karat gold per 10-gram was sold at Rs235,511 after a gain of Rs943, 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 Rs215,885 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.

Globally, spot gold traded near $2,638 an ounce, up $14.8 or 0.56% from the previous session.

Gold prices rose on Thursday, keeping up the momentum from a positive end to record-breaking 2024, as traders braced for U.S. President-elect Donald Trump's expected policy shifts that will shape the economic and interest rate outlook for the new year.

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