Gold price in Pakistan saw an increase on Wednesday, with the value of 24-karat gold reaching Rs288,700 per tola. This reflects a rise of Rs2,300 in comparison to the previous day. Investors and jewelers observed the surge, which aligns with trends in the international market.
Gold Price in Pakistan Today
As per the latest data from the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold per 10-gram climbed to Rs247,513, marking a gain of Rs1,972. Meanwhile, 22-karat gold was recorded at Rs226,895 per 10-gram, following the upward trend in the domestic market.
Silver Price Update in Pakistan
Similar to gold, silver prices experienced an increase. The value of 24-karat silver rose to Rs3,391 per tola, reflecting an addition of Rs28. The price per 10-gram silver also went up, reaching Rs2,907 after gaining Rs24.
Price Comparison Table
| Commodity | Jan 29, 2025 | Jan 28, 2025 | DoD Change | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold (24K per tola) | 288,700 | 286,400 | 2,300 | 16,100 | 47,000 | 16,100 |
| Silver (24K per tola) | 3,391 | 3,363 | 28 | 41 | 541 | 41 |
Global Market Overview
On the international front, spot gold was valued at approximately $2,762 per ounce. This represents a minor decline of $0.8 or 0.03% compared to the previous trading session. Market participants stayed vigilant while anticipating the U.S. Federal Reserve’s announcement on interest rates. The impact of President Donald Trump’s trade policies also remained a key consideration for traders in the precious metals market.
Conclusion
The increase in gold and silver prices highlights the ongoing volatility in the financial markets. Domestic investors and jewelers continue to monitor global economic trends to make informed decisions. For more updates on gold rates, visit Daily Gold Signal for real-time insights. You can also explore Daily Gold Update for further analysis of global and local gold trends.
