Gold price in Pakistan experienced an increase on Thursday, with the value of 24-karat gold reaching Rs290,300 per tola. This marks a rise of Rs1,600, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).
Latest Gold Price in Pakistan and Silver Rates
The 24-karat gold price in Pakistan per 10 grams also climbed, settling at Rs248,885 after a gain of Rs1,372. Similarly, the 22-karat gold rate stood at Rs228,152 per 10 grams.
Silver prices also witnessed a surge in the domestic market. The 24-karat silver rate per tola increased by Rs59, reaching Rs3,450. Meanwhile, the price of 24-karat silver per 10 grams rose by Rs50, reaching Rs2,957.
Comparative Gold Price in Pakistan and Silver Prices
The table below provides a comparative analysis of gold and silver prices:
| Metal | Jan 30, 2025 | Jan 29, 2025 | Change | 1 Month | FYTD | CYTD |
|---|---|---|---|---|---|---|
| Gold (24-karat per tola) | Rs290,300 | Rs288,700 | +Rs1,600 | +Rs17,700 | +Rs48,600 | +Rs17,700 |
| Silver (24-karat per tola) | Rs3,450 | Rs3,391 | +Rs59 | +Rs100 | +Rs600 | +Rs100 |
Global Trends Impacting Gold Price in Pakistan
In the international market, spot gold traded at approximately $2,778 per ounce. This reflects an increase of $18.2 or 0.66% compared to the previous trading session.
Factors Influencing Gold Prices
The rise in gold prices is primarily driven by global economic concerns. Investors are closely monitoring potential import tariffs introduced by U.S. President Donald Trump. Additionally, anticipation surrounding an upcoming inflation report is influencing market movements, as it will help determine the Federal Reserve’s future policy decisions.
Conclusion
Gold prices in Pakistan have surged due to both local and global market trends. Investors and traders should stay updated with the latest market fluctuations. For more insights and live updates, visit Daily Gold Signal. For in-depth gold market analysis, check out Daily Gold Updates.
