Gold price in Pakistan rises Rs1,400 per tola

MG News | January 16, 2025 at 03:30 PM GMT+05:00

0:00

January 16, 2025 (MLN): Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs282,200 per tola, up Rs1,400.

Similarly, 24-karat gold per 10-gram was sold at Rs241,941 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 Rs221,787 per 10-gram.

Similarly, silver prices rose in the domestic market, with 24-karat silver being sold at Rs3,433 per tola (+Rs83) and Rs2,943 per 10-gram (+Rs71).

PKR (24-karat per tola)	Jan 16, 2025	Jan 15, 2025	DoD	1 Month	FYTD	CYTD
Gold	282,200	280,800	1,400	7,300	40,500	9,600
Silver	3,433	3,350	83	33	583	83

Globally, spot gold traded near $2,707 an ounce, up $12.8 or 0.48% from the previous session.

Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely in June.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,180.94 423.57M	0.51% 796.43
ALLSHR	95,690.82 1,354.89M	0.59% 557.25
KSE30	47,714.39 199.12M	0.52% 247.40
KMI30	229,722.09 134.66M	0.91% 2076.87
KMIALLSHR	64,420.07 581.33M	0.83% 532.01
BKTi	41,969.52 122.61M	0.50% 207.74
OGTi	31,991.76 10.82M	1.18% 372.62

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,165.00	116,415.00 114,960.00	590.00 0.51%
BRENT CRUDE	68.46	68.50 67.01	1.02 1.51%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.35	93.50 93.15	0.50 0.54%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.52	64.56 62.89	1.22 1.93%
SUGAR #11 WORLD	15.89	16.10 15.82	-0.11 -0.69%