Gold rates in Pakistan – August 17, 2024
17 August, 2024 17:41
Gold Rate in Pakistan Today – 29 March 2025
KARACHI: Gold prices in Pakistan continue to move upward in line with the gain in the international market.
According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold price per tola reached Rs260,200 after it jacked up by Rs2,500.
The 10-gram gold stands at Rs223,080 after it registered an increase of Rs2,144,
On Friday, gold price moved up by Rs300 per tola.
Globally, the precious yellow metal gained $46 to $2,507 per ounce.
Meanwhile, silver prices also saw an upward trend, increasing by Rs50 to Rs2,950 per tola.
According to Reuters, gold prices hit an all-time high on August 16, 2024, propelled by a weaker US dollar and expectations of a potential interest-rate cut by the Federal Reserve.
Spot gold increased by 1.7% to $2,498.72 per ounce and briefly touched a peak of $2,500.99. U.S. gold futures also rose significantly, settling 1.8% higher at $2,537.80. Gold prices gained 2.8% over the week.
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