Commodities
Pakistan Gold Prices Jump Rs4,700 Per Tola Amid Global Surge
Gold prices in Pakistan rebounded on Friday after four consecutive days of decline. The price of gold rose to Rs453,036 per tola and Rs388,404 for 10 grams.
The increase was driven by a surge in international gold prices, which rose by $47 per ounce to reach $4,305. This, in turn, led to a sharp rise in local gold prices, with the price of gold increasing by Rs4,700 per tola.
Notably, silver prices also saw an increase, both internationally and locally. International silver prices rose to $64.85 per ounce, pushing local silver prices up by Rs126 to Rs6,963 per tola.