Pakistan’s gold prices increased on Tuesday, following global market trends. The price per tola surged by Rs1,100, hitting a new record high of Rs273,000, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
This increase also impacted the price of 10-gram gold, which rose by Rs943, bringing the total to Rs234,053. On Monday, gold had dipped by Rs600, settling at Rs271,900.
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International rates boost local gold prices
The surge in local gold prices aligns with a similar upward movement in international markets. According to APGJSA, the global gold rate was up by $11, with the metal trading at $2,628 per ounce, including a $20 premium.
Despite gold’s sharp rise, silver prices in Pakistan remained stable at Rs2,950 per tola.
