Gold Prices Increase by Rs. 3,200 Per Tola in Pakistan

Gold prices in Pakistan recorded a sharp increase on Thursday, as the price of 24-karat gold rose by Rs. 3,200 per tola. According to the All Pakistan Gems and Jewellers Association, the new price of gold reached Rs. 354,700 per tola, while the 10-gram rate jumped to Rs. 304,098.

This sudden rise comes after gold prices also increased in the international market, where the rate went up by $32 per ounce, reaching $3,324. Market experts believe that ongoing global financial uncertainty and rising inflation have led investors to turn towards gold as a safe option.

Silver prices also saw a slight rise. The new rate for silver is Rs. 3,851 per tola, while 10 grams of silver are now priced at Rs. 3,301.

The rise in gold rates means that buyers in Pakistan will now have to pay more, while gold sellers may benefit from the higher prices. Market watchers expect prices to remain unstable in the coming days depending on global trends.

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