Gold, silver prices surge in Pakistan

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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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