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Friday, October 04, 2024  
29 Rabi ul Awal 1446  

Gold prices see massive increase in Pakistan

Silver prices, however, remained stable at Rs2,900 per tola

Gold prices in Pakistan continued their upward trend for the second consecutive day on Friday, mirroring a rise in international rates.

The local market saw the price of gold per tola increase by Rs1,400, reaching Rs263,500. Similarly, the price of 10-gram gold rose by Rs1,200 to settle at Rs225,908, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The surge follows a Rs2,000 increase on Thursday, when gold closed at Rs262,100.

The international gold rate also saw a significant jump on Friday, reaching $2,518 per ounce (with a premium of $20), up by $15 for the day, according to the APGJSA.

Silver prices, however, remained stable at Rs2,900 per tola.

This latest increase comes after gold prices in Pakistan hit a record high of Rs263,700 per tola last month.

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Gold Rates

Gold prices in Pakistan