Gold Surges in Local Market
Gold prices in Pakistan continued their record-breaking rise on Friday, with a sharp increase in both per tola and 10-gram rates. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA):
- Gold per tola rose by Rs. 2,380, reaching Rs. 323,380.
- 10-gram gold increased by Rs. 2,041, bringing the price to Rs. 277,246.
This follows a significant jump on Thursday, when gold surged by Rs. 3,200 per tola, closing at Rs. 321,000.
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Global Gold Prices Hit New Highs
The international gold market also saw an upward trend. As reported by APGJSA:
- Gold per ounce reached $3,074 (including a $20 premium).
- The price rose by $22 in a single day.
Silver Prices Also Rise
Alongside gold, silver prices in Pakistan increased by Rs. 30 per tola, bringing the new price to Rs. 3,610.