Gold price in Pakistan experienced a significant increase on Tuesday, with 24-karat gold now priced at Rs283,200 per tola, marking a rise of Rs300 compared to the previous rate.
Daily Gold Updates on Gold Prices
The price of 24-karat gold per 10-gram climbed by Rs257, reaching Rs242,798, according to data from the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). Similarly, the value of 22-karat gold per 10-gram rose to Rs222,565.
On the other hand, silver prices remained steady in the local market. The 24-karat silver price stood unchanged at Rs3,372 per tola and Rs2,890 per 10-gram.
Daily Gold Price in Pakistan Comparison
Metal | Price (24-karat per tola) | January 21, 2025 | January 20, 2025 | Daily Change | Monthly Change | FYTD Change | CYTD Change |
---|---|---|---|---|---|---|---|
Gold | Rs283,200 | Rs283,200 | Rs282,900 | Rs300 | Rs9,800 | Rs41,500 | Rs10,600 |
Silver | Rs3,372 | Rs3,372 | Rs3,372 | Rs0 | Rs22 | Rs522 | Rs22 |
Globally, spot gold prices hovered near $2,722 per ounce, up by $12.3 or 0.45% from the previous session. This marks a two-month high for the yellow metal, driven by a weakening U.S. dollar and increased investor interest amid ongoing market uncertainties.
Global Influences on Gold Prices
Gold prices surged due to the weakening dollar, which often makes gold more appealing as a safe-haven investment. Additionally, concerns surrounding global trade policies and economic stability have further fueled the demand for this precious metal.
For more updates on gold prices in Pakistan, visit Daily Gold Signal. You can also explore detailed daily gold updates on the Daily Gold Update page.