Gold Rate in Pakistan Today – January 21, 2025
Gold Rate in Pakistan Today – January 21, 2025
Karachi: The rate of 24 karat gold per tola in Pakistan increased by 300, reaching Rs 283,200 on Tuesday, January 21, 2025, up from Rs 282,900 the previous trading day, as reported by the All Sindh Sarafa Jewellers Association.
The price of 10 grams of 24-karat gold also increased by Rs257, rising to Rs242,798 from Rs 242,541. The prices for silver per tola and ten grams remained unchanged at Rs3372 and Rs2890, respectively. Gold prices surged to a two-month high on Tuesday in the global market due to a weakening U.S. dollar, supported by buying activity amid uncertainties surrounding Donald Trump’s trade policies. Spot gold rose by 0.4% to $2,719.52 per ounce by 1059 GMT, reaching its highest level since November 6 and nearing the $2,790.15 set in October.
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On the other hand, the international silver price fell by 0.2% to $30.44 per ounce. Gold is a highly valued precious metal that has held significance for centuries and plays a crucial role in the global economy. Its value stems from its scarcity, durability, and widespread appeal. Frequently regarded as a safe-haven asset, gold protects wealth during economic uncertainty. Central banks and investors maintain gold reserves to diversify their investments and safeguard against inflation and currency value fluctuations.
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