On Tuesday, the gold price in Pakistan dropped noticeably. The price of 24-karat gold was Rs272,600 per tola, down by Rs800.
Additionally, the price of 24-karat gold per 10 grams dropped to Rs233,711, which was a reduction of Rs685. These rates are according to the latest data from the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).
The price of 22-karat gold also fell, standing at Rs214,235 per 10 grams.
Meanwhile, silver prices stayed steady in the domestic market, with 24-karat silver priced at Rs3,350 per tola and Rs2,872 per 10 grams.
Gold Price Trends in Pakistan
Impact of Global Markets on Gold Prices
PKR (24-karat per tola) | Dec 24, 2024 | Dec 23, 2024 | DoD | 1 Month | FYTD | CYTD
Gold | 272,600 | 273,400 | -800 | -5,800 | 30,900 | 52,600
Silver | 3,350 | 3,350 | 0 | -50 | 500 | 670
Globally, spot gold was trading at approximately $2,616 per ounce, showing a slight increase of $1.4 or 0.06% compared to the previous session.
This increase comes during a period of uncertainty as investors focus on the Federal Reserve’s future monetary policies and changes in trade strategies, including potential tariff adjustments.
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