The gold price in Pakistan has surged again. On Wednesday, 24-karat gold reached Rs242,300 per tola, marking an increase of Rs800 per tola. This significant change in gold prices reflects the ongoing economic trends and fluctuations in the market.
Current Gold Price in Pakistan
The Karachi Sarafa Association reported that 24-karat gold now costs Rs207,733 per 10 grams, an increase of Rs686. Meanwhile, 22-karat gold is priced higher at Rs190,422 per 10 grams.
Silver Prices
Unlike gold, silver prices have remained stable. The cost of 24-karat silver is Rs2,850 per tola and Rs2,443 per 10 grams in the domestic market.
Global Gold Market
On the international stage, spot gold traded near $2,347 an ounce. This represents a rise of $17.5 or 0.75% from the previous session, showing positive movement in the global gold market.
Price Comparison
Here is a comparison of gold and silver prices in Pakistan:
| Item | Jul 03, 2024 | Jul 02, 2024 | DoD | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold (24-karat) | 242,300 | 241,500 | 800 | 1,300 | 600 | 22,300 |
| Silver (24-karat) | 2,850 | 2,850 | 0 | 30 | 0 | 170 |
Conclusion
Gold prices in Pakistan have seen a substantial increase, reflecting changes in purchasing power and economic conditions. For more updates on gold prices and market trends, visit Daily Gold Signal and check the Daily Gold Update.
