Gold price in Pakistan rises Rs2,300 per tola

December 12, 2024 (MLN): Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs282,800 per tola, up Rs2,300.

Similarly, 24-karat gold per 10-gram was sold at Rs242,455 after a gain of Rs1,971, 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 Rs222,250 per 10-gram.

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs3,450 per tola and Rs2,958 per 10-gram.

Globally, spot gold traded near $2,716 an ounce, down $3.7 or 0.14% from the previous session.

Spot gold slipped on Thursday as investors booked profits after prices hit a more than one-month high on increased expectations of an interest rate cut by the Federal Reserve next week.

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