Gold, silver prices surge in Pakistan

MG News | November 21, 2024 at 03:18 PM GMT+05:00

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November 21, 2024 (MLN): The prices of gold and silver surged on Thursday as traders sought haven in the precious metals after Russia’s war against Ukraine escalated.

24-karat gold rose by Rs3,700 to Rs278,000 per tola in Pakistan, while the price of silver also increased by Rs200 to Rs3,450 per tola.

Ukraine fired British cruise missiles at military targets inside Russia for the first time.

Globally, spot gold traded near $2,668 an ounce, up $15.8 or 0.60% from the previous session.

Similarly, 24-karat gold per 10-gram was sold at Rs238,340 after a gain of Rs3,172, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).

The price of 22-karat gold was also quoted higher at Rs218,479 per 10-gram.

PKR (24-karat per tola)	Nov 21, 2024	Nov 20, 2024	DoD	1 Month	FYTD	CYTD
Gold	278,000	274,300	3,700	-5,400	36,300	58,000
Silver	3,450	3,250	200	300	600	770

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BITCOIN FUTURES	64,450.00	66,185.00 60,005.00	655.00 1.03%
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CRUDE OIL - WTI	63.68	63.85 62.31	0.39 0.62%
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