Gold prices remain steady in Pakistan after record surge
In 2006-07, a 1 percent withholding tax was imposed on commercial imports of gold in the country. Photo: Express News
Gold prices in both global and local markets remained stable on Friday, although per tola rates continued to hover at record highs.
In the international bullion market, the price of gold per ounce held steady at $3,865 with no change. Similarly, in local bullion markets, the price of gold per tola stayed unchanged at Rs407,778.
In line with the global movement, domestic prices followed suit, with gold per 10 grams remaining stable at Rs349,603.
Read: Gold prices dip after four day rally
Meanwhile, spot gold inched up 0.03% to $3,857.25 per ounce after hitting a record high of $3,896.49 on Thursday. The bullion has gained 2.6% so far this week.
Among other precious metals, spot silver climbed 0.6% to $47.24 per ounce, platinum rose 0.5% to $1,576.25, and palladium gained 1.4% to $1,258.25.