Gold Prices shot up to Rs428,736 Per Tola in Pakistan after Big Increase
Why this matters: local context for readers following news across Pakistan and the region.
KARACHI – Gold prices in Pakistan witnessed big increase on Thursday amid strong rally in international bullion market. The sharp upward movement pushed domestic gold rates higher after a decline recorded in the previous trading session. On Thursday, the price of 24-karat gold per tola rose by Rs9,100, taking it to Rs428,736. The price of 10 grams of 24-karat gold also registered a substantial increase, climbing Rs7,802 to reach Rs367,572. Gold Rates Today Unit Increase New Price Gold Per tola +Rs9,100 Rs428,736 Gold 10 grams +Rs7,802 Rs367,572 Gold Per ounce +$91 $4,063 Silver Per tola +Rs203 Rs6,445 22Karat Gold Rates Unit 22K Gold 21K Gold 18K Gold Per Tola Rs397,375 Rs379,312 Rs325,125 Per 1 Gram Rs34,068 Rs32,520 Rs27,874 Per 10 Grams Rs340,688 Rs325,202 Rs278,745 Per Ounce Rs965,621 Rs921,729 Rs790,053 In the global market, gold prices gained $91 per ounce, with the international rate reaching $4,063 per ounce, including a $20 premium. The rise in global prices was reflected in the local market, where gold rates are largely influenced by international trends and currency movements. Silver prices also moved higher on Thursday. The price of silver per tola increased by Rs203, reaching Rs6,445, extending gains alongside the broader rally in precious metals. Gold Prices slide below Rs420,000 Per Tola in Pakistan after fresh losses