Business

Gold rates climb fresh new high in Pakistan – Latest rates on January 16

Published by
Abdul khalique

ISLAMABAD: Gold prices in Pakistan decreased by Rs  3,700 to reach Rs 482,462. The price of 10 grams of gold has decreased by Rs 3,172 to Rs 413,633

Metal Unit Price (Rs) Change (Rs)
Gold Per tola 482,462 -3,700
Gold 10 grams 413,633 -3,172
Silver Per tola 8,895 +430

The upward trend had already been evident over the weekend, as gold prices climbed by Rs3,700 on Saturday to close at Rs473,262 per tola.

Internationally, gold prices registered a strong rally, gaining $77 to reach $4,586 per ounce, including a $20 premium, which further fueled the surge in local rates.

Gold Type Per 1 Gram (Rs) Per 10 Gram (Rs) Per Ounce (Rs)
24K Gold 40,879 408,790 1,158,624
22K Gold 37,472.42 374,724.17 1,062,072
21K Gold 35,769.13 357,691.25 1,013,796
18K Gold 30,659.25 306,592.50 868,968

Meanwhile, silver prices also touched a new all-time high, rising by Rs430 to Rs8,895 per tola, mirroring the bullish trend in precious metals.

Abdul khalique

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