Gold prices in Pakistan saw a significant increase on Saturday, following an upward trend in international markets. The price of gold per tola rose by Rs2,000, reaching Rs284,300, while 10-gram gold rose by Rs1,714, settling at Rs243,741, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
This rise comes after a two-session dip, where gold had dropped by Rs800 on Friday, closing at Rs282,300. In the international market, gold rates also surged, with an increase of $22, bringing it to $2,748 per ounce, including a $20 premium.
Silver, on the other hand, remained steady at Rs3,350 per tola.
Market Context
Gold prices have been hitting record highs in recent weeks, with a peak of Rs285,400 per tola on Wednesday. Global demand for gold has been driven by escalating Middle East tensions and growing uncertainty ahead of the US elections, reinforcing gold’s status as a “safe-haven” asset amid economic and geopolitical instability.
To Keep Updated Visit & Follow our Facebook Page Or Our Website
