24-karat gold rate increases by Rs1,400 per tola

KARACHI: On Thursday, the price of gold in Pakistan experienced a notable increase. The cost of 24-karat gold rose to Rs254,900 per tola, marking an increase of Rs1,400.

According to the Karachi Sarafa Association, the price for 24-karat gold was also recorded at Rs218,536 per 10 grammes, up by Rs1,201. Meanwhile, 22-karat gold saw its price rise to Rs200,324 per 10 grammes.

In contrast, silver prices in the domestic market remained stable. The price of 24-karat silver was unchanged at Rs2,900 per tola and Rs2,486 per 10 grammes.

On the international market, spot gold traded at approximately $2,433 per ounce, reflecting a decrease of $12.30, or 0.50 per cent, from the previous trading session.

Read next: Petrol price reduced slightly in Pakistan