Gold Prices Pakistan Rise Amid Global Market Surge
The increase in gold prices in Pakistan is a result of the global market trend, with international gold prices rising by $31 to $3,357 per ounce, and silver by $0.42 to $32.50 per ounce, causing a ripple effect in the local market, leading to higher prices for gold and silver in Pakistan.
Gold prices in Pakistan increased on Saturday, with the price of gold per tola reaching Rs354,100, a gain of Rs3,100, and 10-gram gold rising by Rs2,658 to Rs303,583, following an upward trend in the global market.
The surge in global gold prices, which rose by $35 to $3,326 per ounce, led to the hike in local gold rates. This increase has been reflected in the prices of different types of gold, with 10 grams of 24k gold rising by Rs2,658 to Rs303,583 and 10 grams of 22k gold increasing by Rs2,437 to Rs278,294.
In addition to gold, silver prices also saw an increase, rising by Rs42 to Rs3,508 per tola, and 10 grams to Rs3,007. International gold prices increased by $31 to $3,357 per ounce, and silver by $0.42 to $32.50 per ounce, further contributing to the rise in local prices.
The current gold price in Pakistan is Rs157,500 per tola, while the silver price is Rs1,800 per tola, indicating a significant rise in the value of these precious metals in the local market.