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Commodities

Pakistan Gold Price Surges 4000 Rupees Amid Global Bullion Rebound

Guavy AI Editorial Team
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Gold
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Gold prices in Pakistan jumped sharply on Monday, driven by a rebound in global gold prices and a weakening US dollar. The price of 24-carat bullion rose Rs4,000 per tola to Rs431,736.

This move tracked the performance of international markets, where spot gold was up 0.9% at $4,090.79 per ounce by 12:35 pm EDT, while US gold futures for August delivery gained 0.5% to $4,093.

The All-Pakistan Gems and Jewellers Sarafa Association reported that 10-gram gold rose by Rs3,430 to Rs370,144, while silver gained Rs100 to reach Rs6,397 per tola.

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