Gold Prices in Pakistan Surge Amid Global Uptrend
Gold prices in Pakistan saw a significant rise on Friday, following a bullish trend in the international market.
According to the All-Pakistan Gems and Jewellers Sarafa Association, the local gold price per tola increased by Rs. 2,500, reaching Rs. 386,500. Similarly, the 10-gram rate climbed Rs. 2,143 to Rs. 331,361.
The association noted that international gold prices also rose, touching $3,645 per ounce with a $20 premium, up $27 from the previous session.
Silver prices in Pakistan also gained, with the per tola rate increasing by Rs. 130 to Rs. 4,456.
On Thursday, domestic gold prices had fallen by Rs. 4,100 per tola, settling at Rs. 384,000. Globally, spot gold rose 0.5% to $3,651.92 per ounce, reflecting strong market demand.
Investors and buyers are keeping a close eye on international trends, as global economic developments continue to influence local gold and silver rates.
