Pakistan Gold Price Surges as Global Bullion Market Gains Momentum
The price of gold continued its upward trend in Pakistan's local market on Friday, following gains in the global bullion market. The international price of gold rose by $30 per ounce to $4,080.
In the local market, the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that the price of gold increased by Rs3,000 per tola to Rs430,436, while 10 grams of gold rose by Rs2,572 to Rs369,029.
Despite a decline in international silver prices, which fell by 79 cents per ounce to $58.15, the local price of silver increased by Rs79 per tola to Rs6,294, and by Rs68 to Rs5,396 for 10 grams.