Gold prices in Pakistan reach record levels again

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