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Gold Prices Continue to Surge in Pakistan
The rise is attributed to a $10 increase in international gold prices
Gold prices in Pakistan on Wednesday increased significantly, with the price of 24-karat gold per tola rising by Rs 1,000 to reach Rs 277,000.
- Current Rates:
- 24-karat Gold per Tola: Rs 277,000 (up from Rs 276,000)
- 24-karat Gold per 10 grams: Rs 237,483 (up from Rs 236,625)
This marks a continuation of the upward trend observed in recent days.
In the global bullion market, gold prices increased by $10 per ounce, reaching $2,652.
Meanwhile, silver prices remained stable, with one tola priced at Rs3,350 and 10 grams at Rs2,872.08.
The persistent increase in gold prices is causing concern among buyers, particularly for those purchasing gold for cultural and investment purposes.
The demand for gold remains robust as it is viewed as a safe-haven asset amid economic uncertainties.