Gold price rises by Rs2,300 per tola in local market

KARACHI: Gold prices surged significantly on Thursday, the fourth trading day of the week, following a rise in international market rates.

In the local bullion market, the price of gold per tola reached Rs282,800, marking an increase of Rs2,300, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This follows a previous day’s increase of Rs3,100 per tola in Pakistan.

Meanwhile, silver rates remained unchanged at Rs3,450 per tola.

The price of 10-gramme gold also rose by Rs1,971, bringing it to Rs242,455. Internationally, the price of gold climbed to $2,716 per ounce, including a $20 premium, after gaining $23 during the day, as per APGJSA.

Gold price history (December 2024)

December 1: Gold price unchanged at Rs276,200 per tola (Sunday)

December 2: Gold price dropped Rs1,700 to Rs274,500 per tola

December 3: Gold price increased Rs700 to Rs275,200 per tola

December 4: Gold price remained unchanged at Rs275,200 per tola

December 5: Gold price increased Rs500 to Rs275,600 per tola

December 6: Gold price dropped Rs1,000 to Rs274,700 per tola

December 7: Gold price dropped Rs300 per Rs274,400 per tola

December 8: Gold price unchanged at Rs274,400 per tola (Sunday)

December 9: Gold price increased Rs2,000 to Rs276,400 per tola

December 10: Gold price increased Rs1,000 to Rs277,400 per tola

December 11: Gold price increased Rs3,100 to Rs280,500 per tola

December 12: Gold price increased Rs2,400 to Rs282,800 per tola

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