The price of gold in Pakistan increased on Tuesday, with 24-karat gold now selling at Rs273,000 per tola. This is an increase of Rs1,100 from the previous day.
Global Gold Prices Also Rise
Globally, the price of gold also went up. Spot gold traded at $2,632 per ounce, a rise of $6.1 or 0.23%. This global trend influences local gold prices in Pakistan.
Local Gold Prices Breakdown
The Karachi Sarafa Association reported that the price of 24-karat gold per 10 grams increased by Rs943, reaching Rs234,053. The price of 22-karat gold also went up, now priced at Rs214,550 per 10 grams.
Silver Prices Stay the Same
Unlike gold, silver prices remained unchanged. The price of 24-karat silver remained unchanged at Rs2,950 per tola and Rs2,529 per 10 grams. Silver offers a more budget-friendly choice for investors.
Gold and Silver Prices Comparison (Sep 24, 2024 vs. Sep 23, 2024)
| Metal | Sep 24, 2024 | Sep 23, 2024 | Daily Change | 1 Month Change | FYTD Change | CYTD Change |
|---|---|---|---|---|---|---|
| Gold (24K) | Rs273,000 | Rs271,900 | Rs1,100 | Rs9,300 | Rs31,300 | Rs53,000 |
| Silver (24K) | Rs2,950 | Rs2,950 | Rs0 | Rs0 | Rs100 | Rs270 |
Conclusion
The gold price in Pakistan is experiencing a steady rise. With global influences and local demand, prices may continue to increase. If you’re planning to invest in gold, keep an eye on the market trends.
For the latest updates on gold prices and detailed analysis, visit Daily Gold Signal. You can also read the latest Daily Gold Updates for more insights on the market.
