Key Takeaways
- Gold prices increased by Rs600 per tola in Pakistan.
- The local price of gold per tola reached Rs435,036.
- International gold prices gained $6 to $4,125 per ounce.
Gold prices in Pakistan saw a significant rise on Thursday, increasing by Rs600 per tola, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The updated price of gold per tola was recorded at Rs435,036, marking a notable increase from the previous day's rate of Rs434,436, which had seen a decrease of Rs3,100.
Simultaneously, the price of 10-gram gold was sold at Rs372,973, reflecting an accumulation of Rs515 from the previous day's rate.
The international market also saw a rise in gold prices, with the rate increasing by $6 to $4,125 per ounce.
In contrast, the price of silver experienced a decline, dropping by Rs120 to reach Rs6,368 per tola.
These changes in the precious metals market reflect the global trends and local supply and demand dynamics.
The APGJSA shared these rates, providing insights into the fluctuating market conditions for consumers and traders alike.
The rise in gold prices could impact the purchasing power of consumers, particularly those looking to buy gold for investment or personal use.
