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◕ SundialUpdated 16 hours ago
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Pakistan

Gold prices rise sharply in Pakistan

Gold prices have increased by Rs 1,7000 per tola and Rs 1,457 for 10 grams of gold. Global markets also show similar trends.

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Gold prices rise sharply in Pakistan

Key Takeaways

  • Gold price per tola increases by Rs 1,7000 to Rs 428,436.
  • Price of 10 grams of gold rises by Rs 1,457 to Rs 367,314.
  • Increase observed in both Pakistan and global markets.

Gold prices have surged significantly in Pakistan, mirroring a rise seen globally. According to the All Pakistan Sarafa Jewelers Association, the price of gold per tola has increased by Rs 1,7000 to reach Rs 428,436.

The increase is not limited to local markets; the global market also witnessed a similar trend. The price of 10 grams of gold has risen by Rs 1,457 to stand at Rs 367,314, reflecting the broader economic shifts affecting precious metals.

This rise in prices comes as a notable development for consumers and investors alike, impacting both retail and wholesale sectors. The surge is expected to affect various segments of the economy, including jewelry manufacturing and investment portfolios.