Gold price in Pakistan rises Rs1,400 per tola

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MG News | December 26, 2024 at 05:00 PM GMT+05:00

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December 26, 2024 (MLN): Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs274,000 per tola, up Rs1,400.

Similarly, 24-karat gold per 10-gram was sold at Rs234,911 after a gain of Rs1,200, 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 Rs215,335 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) Dec 26, 2024 Dec 24, 2024 DoD 1 Month FYTD CYTD
Gold 274,000 272,600 1,400 -1,900 32,300 54,000
Silver 3,350 3,350 0 -50 500 670

Globally, spot gold traded near $2,628 an ounce, up $10.4 or 0.40% from the previous session.

Gold prices rose on Thursday in holiday-thinned trade, while markets await clues on the Federal Reserve's 2025 rate plan and tariff policies from the incoming Trump administration.

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