Gold price in Pakistan remain unchanged as of Thursday, maintaining a steady value. The price for 24-karat gold stood firm at Rs241,300 per tola. This stability comes despite various market pressures and changing economic conditions.
Current Gold Price in Pakistan
The Karachi Sarafa Association confirmed that the price of 24-karat gold remains at Rs206,876 per 10 grams, unchanged from the previous session. The cost for 22-karat gold also stayed steady, quoted at Rs189,636 per 10 grams. This consistent pricing highlights the current market’s resistance to fluctuations.
Silver Prices Remain Stable
Alongside gold, silver prices in the domestic market remained unchanged. The 24-karat silver is priced at Rs2,750 per tola and Rs2,358 per 10 grams. The stability in silver prices mirrors the gold market’s steadiness.
Global Gold Market Trends
Globally, spot gold was trading near $2,334 an ounce. This marks an increase of $4.9 or 0.21% from the previous session. The slight uptick in the global market contrasts with the unchanged local prices, indicating varying influences on the gold market.
Gold and Silver Market Data
The data below summarizes the recent trends in gold and silver prices:
| PKR (24-karat per tola) | Jun 20, 2024 | Jun 15, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 241,300 | 241,300 | 0 | -7,200 | 25,300 | 21,300 |
| Silver | 2,750 | 2,750 | 0 | -100 | 200 | 70 |
Conclusion
The stability in gold and silver prices indicates a balanced market in Pakistan. This could be due to various factors, including reduced purchasing power and economic stability. For more detailed updates and analysis, visit Daily Gold Signal. For broader insights into the daily gold market, check out Daily Gold Update.
