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Gold price continue to surge in Pakistan

18 October, 2024 17:28

The price of 24 karat per tola gold increased by Rs3,000 and was sold at Rs.280,900 on Friday 18 October 2024.

The price of 10 grams of 24 karat gold also increased by Rs.2,572 to Rs.240,826 from Rs.238,254 whereas the price of 10 gram 22 karat gold went up to Rs. 220,758 from Rs. 218,400.

Similarly, the price of per tola silver increased by Rs.50 to Rs.3,100.

On the other hand, the price of gold in the international market increased by $30 to $2,712 from $2,682, the Association reported.

Earlier, gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity at a time of heightened geopolitical uncertainty, including in the Middle East after Israel said it killed Hamas chief Yahya Sinwar.

Bullion hit an all-time high of $2,704.89 in early Asian trade, up from its previous record of $2,688.83 touched on Thursday.

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