Gold prices in Pakistan reach record levels again

MG News | August 22, 2024 at 01:30 PM GMT+05:00

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August 22, 2024 (MLN): Gold price in Pakistan scaled to a new all-time high on Thursday, with 24-karat gold being sold at Rs261,800 per tola after a gain of Rs800.

Notably, the price remains significantly Rs3,000 below its current market value.

The Karachi Sarafa Association reported the price of 24-karat gold at Rs224,451 per 10-gram, up Rs686.

Similarly, the price of 22-karat gold was quoted higher at Rs205,747 per 10-gram.

On the other hand, silver prices remained unchanged in the domestic market, with 24-karat silver being sold at Rs2,950 per tola and Rs2,529 per 10-gram.

On the global front, spot gold traded near $2,504 an ounce, down $8.7 or 0.34% from the previous session.

PKR (24-karat per tola)	Aug 22, 2024	Aug 21, 2024	DoD	1 Month	FYTD	CYTD
Gold	261,800	261,000	800	11,300	20,100	41,800
Silver	2,950	2,950	0	30	100	270

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