The price of gold in Pakistan has gone up, making it even more valuable for buyers and investors. On Friday, the price of 24-karat gold reached Rs289,600 per tola, which is Rs2,900 higher than the previous day. This increase highlights gold’s importance in the local market.
Gold Price in Pakistan Go Up
The price of 24-karat gold in pakistan per 10 grams also rose to Rs248,285, an increase of Rs2,486. These figures were shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). Similarly, 22-karat gold prices went up to Rs227,603 per 10 grams.
Silver Price and Gold Price Increase Too
Silver prices are also rising in Pakistan. The price of 24-karat silver is now Rs3,432 per tola, which is Rs31 more than before. The price for 10 grams of silver is Rs2,942, up by Rs27. Both gold and silver are seeing higher demand.
| PKR (24-karat per tola) | Jan 24, 2025 | Jan 23, 2025 | DoD Change | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold | 289,600 | 286,700 | 2,900 | 17,000 | 47,900 | 17,000 |
| Silver | 3,432 | 3,401 | 31 | 82 | 582 | 82 |
Global Gold Market Update
Globally, gold prices have gone up too. Spot gold is now trading at $2,772 per ounce, an increase of $18.3 or 0.67% compared to the last session. The international market has seen gold prices reach a three-month high.
Why Gold Prices Are Rising
Several reasons are behind the rise in gold prices. Concerns about interest rates and unclear tariff policies have weakened the U.S. dollar. As a result, more investors are turning to gold as a safe option. This trend shows how gold remains a popular choice during uncertain times.
For more updates on gold prices, visit our Daily Gold Signal website. Check out the Daily Gold Update category for the latest trends and insights.
