Gold rises to fresh record in Pakistan

MG News | August 20, 2024 at 02:55 PM GMT+05:00
August 20, 2024 (MLN): Gold price in Pakistan rose to a fresh record on Tuesday, with 24-karat gold being sold at Rs260,700 per tola after a gain of Rs700.
It is worth noting that the price has been kept a significant Rs4,000 below its actual cost today.
The Karachi Sarafa Association further reported the price of 24-karat gold at Rs223,508 per 10-gram, up Rs600.
Similarly, the price of 22-karat gold was quoted higher at Rs204,882 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 $2,521 an ounce, up $18 or 0.72% from the previous session.
PKR (24-karat per tola) | Aug 20, 2024 | Aug 19, 2024 | DoD | 1 Month | FYTD | CYTD |
---|---|---|---|---|---|---|
Gold | 260,700 | 260,000 | 700 | 10,700 | 19,000 | 40,700 |
Silver | 2,950 | 2,950 | 0 | 30 | 100 | 270 |
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