Gold rises to Rs268,500 per tola

MG News | September 19, 2024 at 12:43 PM GMT+05:00

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September 19, 2024 (MLN): Gold price in Pakistan rose to a fresh record on Thursday, with 24-karat gold being sold at Rs268,500 per tola, up Rs800.

Globally, spot gold steadied following a tumultuous session in which it touched a record high after the Federal Reserve’s half-percentage-point interest-rate cut.

The yellow metal last traded near $2,579 an ounce, up $20 or 0.78% from the previous session.

The Karachi Sarafa Association reported the price of 24-karat gold at Rs230,195 per 10-gram, up Rs685.

Similarly, the price of 22-karat gold was quoted higher at Rs211,012 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.

PKR (24-karat per tola)	Sep 19, 2024	Sep 18, 2024	DoD	1 Month	FYTD	CYTD
Gold	268,500	267,700	800	7,800	26,800	48,500
Silver	2,950	2,950	0	0	100	270

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