Gold prices in Pakistan remained unchanged on Thursday, holding at record levels as the local market continued to mirror global trends. According to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold stood firm at Rs. 438,862 per tola, while the 10-gram rate stayed at Rs. 376,253.
A day earlier, gold had surged by Rs. 2,300 per tola, pushing prices to their current all-time high.
On the international front, gold prices also remained stable at $4,165 per ounce, which includes a $20 premium. Meanwhile, silver prices in Pakistan saw an uptick, rising by Rs. 160 to Rs. 5,642 per tola.
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Globally, gold remained broadly steady after climbing to a near two-week high in the previous session. Investors are assessing the possibility of a U.S. interest rate cut in December, following mixed signals from the Federal Reserve. Spot gold dipped slightly by 0.2% to $4,154.09 per ounce, while U.S. gold futures for December fell by 0.3% to $4,151.20 per ounce.
