The gold price in Pakistan witnessed a decline on Friday, with 24-karat gold being sold at Rs273,200 per tola. This reflects a decrease of Rs800, as per the rates released by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).
Updated Gold and Silver Rates
The rate for 24-karat gold price in Pakistan per 10 grams also dropped by Rs686, now priced at Rs234,225. Meanwhile, the value of 22-karat gold stood at Rs214,706 per 10 grams.
On the other hand, silver prices showed stability in the domestic market. On the other hand, silver prices showed stability in the domestic market. The 24-karat silver remained steady at Rs3,350 per tola and Rs2,872 per 10 grams.
Gold Price in Pakistan and Silver Price Details
Metal | Dec 27, 2024 | Dec 26, 2024 | Change | 1 Month | FYTD | CYTD |
---|---|---|---|---|---|---|
Gold (24K) | Rs273,200 | Rs274,000 | -Rs800 | -Rs2,700 | Rs31,500 | Rs53,200 |
Silver (24K) | Rs3,350 | Rs3,350 | Rs0 | -Rs50 | Rs500 | Rs670 |
International Gold Market Trends
On the global stage, spot gold traded at $2,628 per ounce, marking an increase of $10.4 or 0.40% from the previous session. Gold prices remained in a narrow range, supported by geopolitical tensions that fueled demand for this safe-haven asset. This steady demand has positioned gold for a modest weekly gain.
Stability in Gold and Silver Market Trends
Despite these fluctuations, the silver market showed no volatility, maintaining its consistent price. It is essential for investors and traders to monitor these developments to make well-informed choices.
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