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Commodities

Gold Price in Pakistan Soars Again, Reaching New High

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The price of gold in Pakistan has surged once again, rising by Rs1,700 per tola on Monday. According to the All Pakistan Sarafa Gems and Jewellers Association, the new rate for 24-karat gold is now Rs428,436.

In addition to the increase in gold prices, silver prices have also seen a rise. The price of 24-karat silver rose by Rs54 to be sold for Rs6,291, while 10 grams of silver increased by Rs46 to Rs5,393.

This upward trend is not limited to Pakistan. In the global bullion market, gold prices have also risen, increasing by $17 to reach $4,060 per ounce. The price hike is a result of the ongoing economic situation and its impact on global markets.

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