Gold prices increased in Pakistan, Check latest rates

KARACHI: The price of 24 karat gold per tola surged by Rs4,600, reaching Rs232,400 on Thursday compared to Rs227,800 on the previous trading day, as reported by the All Sindh Sarafa Jewellers Association.

Similarly, the cost of 10 grams of 24 karat gold rose by Rs3,943 to Rs199,245 from Rs195,302, while 10 grams of 22 karat gold increased to Rs182,642 from Rs179,027.

Meanwhile, the price of silver per tola climbed by Rs20 to Rs2,600, and the cost of ten grams of silver rose by Rs17.15 to Rs2,229.08.

In the global market, the price of gold increased by $47 to $2,225 from $2,178, according to the Association’s report.

Read more: Gold Rate in Pakistan today – 21 March, 2024

Additionally, it’s noteworthy that the International Monetary Fund (IMF) staff and Pakistan have reached a staff-level agreement on the second and final review under Pakistan’s Stand-By Arrangement.

The agreement, led by an IMF team headed by Nathan Porter, signifies progress in Pakistan’s stabilization program supported by the IMF’s US$3 billion (SDR2,250 million) Stand-By Arrangement.