Gold rises to fresh record in Pakistan

MG News | August 20, 2024 at 02:55 PM GMT+05:00

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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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