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◕ SundialUpdated 2 days ago
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Gold prices surge by Rs5,900 in Pakistan

Gold prices in Pakistan surged by Rs5,900 per tola, following a global increase in the international market.

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Gold prices surge by Rs5,900 in Pakistan
Gold and silver jewellery on display at a local market in Pakistan.

Key Takeaways

  • Gold price per tola reached Rs440,936 in Pakistan.
  • The increase follows a gain of Rs5,900 during the day.
  • Silver price also rose by Rs144 to Rs6,512 per tola.

Gold prices in Pakistan surged by Rs5,900 per tola on Friday, reaching Rs440,936, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This increase came after the international rate of gold rose by $59 to $4,184 per ounce.

The local market followed the global trend, with 10-gram gold selling at 378,031 after a gain of Rs5,058 during the day.

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On Thursday, gold price per tola had already reached Rs435,036 after a gain of Rs600 during the day.

Silver prices also saw an increase, rising by Rs144 to Rs6,512 per tola, reflecting the overall rise in precious metals.

The APGJSA shared these rates, highlighting the significant fluctuation in the market.

These price changes are likely to impact consumers and businesses that rely on gold and silver for various purposes, including investment and jewellery making.