Gold price in Pakistan experienced a notable increase on Friday. The cost of 24-karat gold rose to Rs256,500 per tola, marking a Rs1,000 jump. This article delves into the recent changes in gold prices, providing insights into the current market trends.
Current Gold Price in Pakistan
Gold Price Increase
As of August 9, 2024, the price of 24-karat gold in Pakistan is Rs256,500 per tola. This marks an increase of Rs1,000 from the previous day. Despite this rise, the Karachi Sarafa Association has kept the price Rs2,000 below the actual cost.
Gold Price Per 10-Gram
The cost of 24-karat gold per 10-gram has reached Rs219,907, showing an increase of Rs857. Additionally, 22-karat gold is now priced at Rs201,582 per 10-gram.
Silver Prices
Domestic Silver Rates
Silver prices have remained stable. Currently, 24-karat silver is priced at Rs2,850 per tola and Rs2,443 per 10-gram. There have been no changes in silver rates domestically.
Global Gold Trends
Spot Gold Prices
On the international stage, spot gold is trading around $2,432 per ounce. This reflects a $7.1 increase, or 0.29%, from the previous session.
Price Summary
Daily and Monthly Comparisons
| August 09, 2024 | August 08, 2024 | Change (DoD) | 1 Month Change | FYTD Change | CYTD Change | |
|---|---|---|---|---|---|---|
| Gold (24-karat per tola) | Rs256,500 | Rs255,500 | Rs1,000 | Rs10,900 | Rs14,800 | Rs36,500 |
| Silver (per tola) | Rs2,850 | Rs2,850 | Rs0 | -Rs50 | Rs0 | Rs170 |
Conclusion
To keep up with daily updates on gold prices, visit Daily Gold Signal. For more detailed information on gold trends, check out the Daily Gold Update.
