A One-time Increase In The Price Of Gold

October 11, 2024

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Gold prices rose in Pakistan on Friday, October 11, 2024, in line with the bullish trend in the international market.

In the local market, the price of gold rose by Rs 2700 to Rs 273900 per tola.

Similarly, the price of 22-carat gold was Rs.100. 215,256 per 10 grams, as per All Pakistan Gems and Jewelers Exchange Association (APGJSA) rates.

Spot gold was up 0.3 percent at $2,637.31 an ounce by 0930 GMT. U.S. gold futures rose 0.6 percent to $2,654.30.

Spot silver fell 0.1 percent to $31.14 an ounce and platinum gained 0.8 percent to $974.60 an ounce. Both metals were headed for weekly declines.

Palladium settled 0.4% at $1,073.50 and rose nearly 6% for the week.

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