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◕ SundialUpdated 18 hours ago
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Pakistan

Gold prices rise in Pakistan by Rs800 per tola

Gold prices in Pakistan have increased by Rs800 per tola, reaching Rs462,936, following a rise in international markets.

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Gold prices rise in Pakistan by Rs800 per tola
Gold and silver traders at a local market in Pakistan

Key Takeaways

  • Gold prices in Pakistan increased by Rs800 per tola.
  • The local price of gold reached Rs462,936 per tola.
  • Silver prices also rose by Rs72 to reach Rs7,141 per tola.

Gold prices in Pakistan have risen by Rs800 per tola, reaching Rs462,936, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This increase follows a decrease of Rs1,000 per tola on the previous day, bringing the price to Rs462,136 on Tuesday.

The rise in gold prices is in line with the international market, where the price of gold increased by $8 to $4,404 per ounce.

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Similarly, the price of silver in Pakistan has also seen an increase, rising by Rs72 to reach Rs7,141 per tola.

The APGJSA shared these rates, reflecting the current market conditions in Pakistan.

These fluctuations in precious metal prices can significantly impact the purchasing power of consumers and the overall economy.

For jewelers and consumers, this rise in prices could affect their buying decisions and the overall market dynamics.

The changes in gold and silver prices are closely watched by investors and traders, who are keen on understanding the trends and making informed decisions.