November 29, 2024 (MLN): Gold price in Pakistan increased on Friday, with 24-karat gold being sold at Rs277,300 per tola, up Rs2,100.
Similarly, 24-karat gold per 10-gram was sold at Rs237,740 after a gain of Rs1,800, 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 Rs217,928 per 10-gram.
On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,400 per tola and Rs2,915 per 10-gram.
PKR (24-karat per tola)
Nov 29, 2024
Nov 28, 2024
DoD
1 Month
FYTD
CYTD
Gold
277,300
275,200
2,100
-10,600
35,600
57,300
Silver
3,400
3,400
0
50
550
720
Globally, spot gold traded near $2,662 an ounce, up $23.6 or 0.90% from the previous session on the back of the softer US dollar and rising geopolitical tensions.
President Vladimir Putin warned of a potential new strike on Ukraine using a nuclear-capable ballistic missile, following Moscow's recent large-scale attack on critical energy infrastructure, according to news reports.
However, Gold is set to decline by more than 2% for the week, as markets awaited further US data for additional insights into the Federal Reserve's monetary policy outlook.
