Amidst a global uptick in gold prices, the local market witnessed a contrasting trend of reduction.
Despite the surge in gold rate on the international stage, the local market experienced a decline. The price of a tola of gold saw a notable dip of Rs1,900, closing at Rs232,600. In the same vein, the cost of 10 grams of 24-carat gold saw an increase of Rs1,629, reaching Rs199,417.
These figures, as reported by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), showcase the dynamics of the market.
In the international arena, the value of this precious metal rose by $3, reaching a settlement of $1,904 per ounce.
In the midst of these changes, the price of silver remained unchanged at Rs2,800 per tola and Rs2,400.54 per 10 grams, respectively.
Gold rate in Pakistan
| City | Gold | Silver |
|---|---|---|
| Lahore | PKR 234,500 | PKR 2,575 |
| Karachi | PKR 234,500 | PKR 2,575 |
| Islamabad | PKR 234,500 | PKR 2,575 |
| Peshawar | PKR 234,500 | PKR 2,575 |
| Quetta | PKR 234,500 | PKR 2,575 |
| Sialkot | PKR 234,500 | PKR 2,575 |
| Attock | PKR 234,500 | PKR 2,575 |
| Gujranwala | PKR 234,500 | PKR 2,575 |
| Jehlum | PKR 234,500 | PKR 2,575 |
| Multan | PKR 234,500 | PKR 2,575 |
| Bahawalpur | PKR 234,500 | PKR 2,575 |
| Gujrat | PKR 234,500 | PKR 2,575 |
| Nawabshah | PKR 234,500 | PKR 2,575 |
| Chakwal | PKR 234,500 | PKR 2,575 |
| Hyderabad | PKR 234,500 | PKR 2,575 |
| Nowshehra | PKR 234,500 | PKR 2,575 |
| Sargodha | PKR 234,500 | PKR 2,575 |
| Faisalabad | PKR 234,500 | PKR 2,575 |
| Mirpur | PKR 234,500 | PKR 2,575 |