Gold price in Pakistan rises Rs500 per tola
MG News | January 20, 2025 at 03:44 PM GMT+05:00
January 20, 2025 (MLN): Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs282,900 per tola, up Rs500.
Similarly, 24-karat gold per 10-gram was sold at Rs242,541 after a gain of Rs429, 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 Rs222,337 per 10-gram.
On the other hand, silver prices fell in the domestic market, with 24-karat silver being sold at Rs3,372 per tola (-Rs9) and Rs2,890 per 10-gram (-Rs8).
| PKR (24-karat per tola) | Jan 20, 2025 | Jan 18, 2025 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 282,900 | 282,400 | 500 | 9,500 | 41,200 | 10,300 |
| Silver | 3,372 | 3,381 | -9 | 22 | 522 | 22 |
Globally, spot gold traded near $2,709 an ounce, up $12.3 or 0.46% from the previous session.
Gold prices firmed on Monday, supported by a weak U.S. dollar, as markets awaited Donald Trump's return to the White House and his inauguration speech later in the day for hints on the impact of his upcoming policies on economy and rate-cut outlook.
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