Gold prices in Pakistan reach record levels again

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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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