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Commodities

Gold Prices in Pakistan Surge for Fourth Consecutive Day

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Gold prices in Pakistan continued their upward trend on Monday, extending their winning streak to four consecutive days. According to the All Pakistan Sarafa Association, the price of 24-karat gold increased by Rs4,200 per tola, reaching Rs487,136. This rise was influenced by a $42 increase in global bullion rates, which reached $4,646 per ounce.

The domestic market closely follows international trends, with fluctuations in the rupee-dollar exchange rate also impacting prices. The price of 10 grams of 24-karat gold increased by Rs3,601 to Rs417,640. Silver prices remained unchanged at Rs7,379 per tola.

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