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20 Jumada Al-Akhirah 1446  

Gold prices remain unchanged in Pakistan

Per tola gold flat at Rs214,300 in the local market
People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File
People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File

The price of gold remained unchanged at Rs214,300 per tola in the local market for selling on February 14 as against the earlier price, All Sindh Sarafa Jewellers Association reported.

The price of 10 grammes of 24 karat and 10 grammes of 22 karat gold remained stagnant at Rs183,728 and Rs168,416, respectively.

Similarly, the per tola and 10 grammes silver were traded at the previous rates of Rs2,600 and Rs2,229.08, respectively.

In the international market, gold prices edged up on Tuesday, ahead of a US inflation report that could give a fresh perspective on the timing of the Federal Reserve’s first rate cut.

Spot gold was up 0.2% to $2,023.89 per ounce, after briefly slipping to a more than two-week low of $2,011.72/Oz a day earlier. US gold futures also ticked up 0.2% to $2,037.50/ounce.

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