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Gold Prices Surge Again in Pakistan as International Rates Rise

Gold Prices Surge Again in Pakistan as International Rates Rise

Gold prices in Pakistan recorded a sharp increase on Saturday following a rise in international market rates.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola increased significantly, reflecting strong upward pressure in global bullion markets.

Gold Prices in Pakistan

In the local market, the price of 24-karat gold per tola rose by Rs. 10,800 to reach Rs. 455,136.

Similarly, the price of 10 grams of gold increased by Rs. 9,720, reaching Rs. 389,600.

Earlier in the day, gold had also shown gains of Rs. 4,370, continuing the overall upward trend in bullion prices.

International Market Movement

In the global market, gold prices climbed by $108 per ounce, settling at $4,327 per ounce during the trading session.

The increase in international prices has been a key factor driving the upward trend in Pakistan’s local bullion market.

Silver Prices Also Increase

Silver prices also moved higher, with the per tola rate increasing by Rs. 230 to settle at Rs. 7,509.

Market Outlook

 

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