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Gold prices hit new high in Pakistan

The price of yellow metal soared in the international market on Friday as well.

Gold prices hit a new high in Pakistan on Friday.

The price of yellow metal witnessed a significant surge, with the price of one tola rising by Rs3,500 to reach a new record of Rs272,000, influenced by increases in international markets.

The price for 10 grams of gold also increased, now selling for Rs233,196 after a rise of Rs3,001, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association.

The previous day, gold prices had already climbed by Rs800, closing at Rs268,500.

In the international market, gold prices soared on Friday, hitting $2,612 per ounce, with an additional premium of $20, marking a daily increase of $35, as reported by APGJSA.

In contrast, silver prices remained stable at Rs2,950 per tola. Before this latest increase, gold prices had reached Rs268,500 per tola on Thursday.

 

Saman Siddiqui

I am a freelance journalist, holding a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies, associated with the electronic media industry since 2006 in various capacities. Here at OyeYeah, I cover a range of genres, from journalism to fiction to fashion, including reviews, and fact findings. 

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