Gold prices in Pakistan have bounced back after a recent dip, with a significant increase recorded in the local market. On Friday, the price of 24-karat gold per tola rose by Rs. 3,000, bringing it up to Rs. 307,000 compared to Rs. 304,000 the previous day.
This rise follows a drop of Rs. 3,000 per tola on Thursday. However, earlier in the week, gold had already seen notable gains, increasing by Rs. 4,800 per tola on Tuesday and Rs. 700 per tola on Wednesday.
Similarly, the price of 10 grams of 24-karat gold jumped by Rs. 2,571, reaching Rs. 263,203 from the previous Rs. 260,630. Meanwhile, the rate for 22-karat gold per 10 grams also saw an increase of Rs. 2,359, bringing it to Rs. 241,278 from Rs. 238,919.
Silver prices have also gone up in the local market. The price of one tola of silver increased by Rs. 31 to reach Rs. 3,400, while the price of 10 grams of silver rose by Rs. 26 to Rs. 2,914.
On the international front, gold prices experienced a surge as well. The global gold market saw an increase of $28, with the price climbing to $2,921 from the previous $2,893. Silver prices in the international market also rose, gaining $0.30 to settle at $32.65.
The fluctuations in gold and silver prices are influenced by global economic trends, inflation concerns, and currency values. Investors and buyers in Pakistan continue to monitor these changes closely, as gold remains a popular choice for investment and savings.
Read Also: Gold Prices Drop Sharply in Pakistan!
