KARACHI – The price of gold per tola surged by Rs7,800 and reached Rs496,762 in the local markets across Pakistan on Thursday.
The major increase in the gold prices mirrored a strong upward trend in the international bullion market.
All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) confirmed that the price of gold per tola surged by Rs7,800, reaching Rs496,762 in the local market.
Similarly, the price of 10-gram gold increased by Rs6,687 to settle at Rs425,893.
This rise follows a sharp gain of Rs11,100 per tola a day earlier, when gold closed at Rs488,962.
In the international market, gold prices climbed by $78 per ounce, taking the rate to $4,744 per ounce, including a $20 premium.
Meanwhile, silver prices also moved upward in the domestic market, with the per tola rate increasing by Rs373 to reach Rs8,445.
Price of 24-karat of gold increases by Rs11,000 per tola in Pakistan
