KARACHI – Gold continues to move up, reaching a whopping Rs272,500 per tola after single day rise of Rs500.
As per new rates shared by the Saraffa association, the price for 10 grams of gold jumped to Rs233,625, after a hike of Rs429. This surge follows a significant increase on Friday, when gold prices rose by Rs3,500, settling at Rs272,000 per tola.
Gold Rates in Pakistan
| Weight | Price | Difference |
|---|---|---|
| Gold (per tola) | 272,500 | +500 |
| Gold (per 10 grams) | 233,625 | +429 |
| Previous Price (per tola) | 272,000 |
Bullion experienced volatility in domestic futures market as United States Federal Reserve slashed interest rates by a half-percentage-point.
Spot gold prices in Pakistan saw big increase in recent months, and international prices have risen multiple times as the previous metal remains safe haven for investors.
