Gold Prices Rise by Rs. 500 Per Tola in Pakistan
The price of 24-karat gold in Pakistan recorded an increase of Rs. 500 per tola on Monday, reaching Rs. 359,500, up from Rs. 359,000 on the previous trading day, according to the All Pakistan Sarafa Gems and Jewelers Association.
Gold Continues Upward Trend
This rise follows a significant increase of Rs. 6,100 per tola observed on Saturday, highlighting continued volatility in the precious metals market.
In line with the per tola price, the rate for 10 grams of 24-karat gold also increased by Rs. 429, now priced at Rs. 308,213, compared to Rs. 307,784 previously. Similarly, 10 grams of 22-karat gold rose to Rs. 282,529 from Rs. 282,145.
Silver Prices Remain Stable
In contrast to gold, silver prices remained unchanged. The rate per tola stood at Rs. 3,9530, while 10 grams of silver maintained its price at Rs. 3,389.
International Market Update
In the international market, the price of gold edged up by $5, reaching $3,368 from $3,363. Meanwhile, silver prices also saw a slight increase, trading at $37.20, up from $37.01.
Investors and consumers are advised to stay updated with official market sources as global and local factors continue to influence precious metal prices.