Gold rates in Pakistan on January 7

  • A single tola of 24-karat gold in Pakistan was being sold for Rs116,600 on Thursday
  • 10 grams of 24k gold sold for Rs99,966 at the opening of trading
  • In the international market, gold rates increased from $7 to $1,955/ounce a day earlier

KARACHI: A single tola of 24-karat gold in Pakistan was being sold for Rs116,600 Thursday, January 7, at the opening of the bullion market after the price of the precious metal increased by Rs460 during the previous intra-day trading.

Likewise, 10 grams of 24k gold was sold for Rs99,966 at the opening of trading.

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Meanwhile, 10 grams of 22k gold was traded for Rs91.635 with one tola of 22k gold being traded at Rs106.882.

On Wednesday, gold rates in the local market increased Rs600/tola to Rs116,600/tola, according to the data released by the All Sindh Saraf Jewellers Association.

Similarly, 10 grams of gold price raised Rs515 to Rs99,966, it added.

In the international market, gold rates increased from $7 to $1,955/ounce. 

Jewellers said prices in the local market remained Rs3,000/tola lower, compared to the rates in the Dubai gold market. However, silver rates remained unchanged at Rs1,400/tola. The price of 10 grams of silver also stood the same at Rs1,200.27.