Gold prices in Pakistan remains same on Friday, with 24-karat gold selling at Rs. 438,862 per tola, unchanged from the previous rates.

In accordance to All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold per 10-gram also remained flat at Rs. 376,253.

The rate for 22-karat gold was quoted at Rs. 344,911 per 10-gram.

Silver prices were similarly stable in the domestic market, with 24-karat silver selling at Rs. 5,642 per tola and Rs. 4,837 per 10-gram.

Globally, gold hovered around $4,154 an ounce, rising by $5.50 or 0.13 percent from the previous session as investor confidence grew over the likelihood of a U.S. Federal Reserve interest rate cut in December.

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Gold rates remaining unchanged is good news for investors all over the world. Several news sources says the markets will remain steady now for a long time, making it a good omen for everyone interested to buy gold.