Pakistan Gold Prices Rebound Amid Global Market Gains
Gold prices in Pakistan rose by Rs1,000 per tola to Rs427,436 on Thursday, following gains in the international bullion market. The All Pakistan Sarafa Gems and Jewellers Association reported that 24-karat gold increased in price due to an increase in the global market.
The price of 10 grams of 24-karat gold also rose by Rs857 to reach Rs366,457, while 10 grams of 22-karat gold gained Rs786 to reach Rs335,931. This rebound follows two consecutive sessions of losses for domestic gold prices.
However, silver prices declined in both the local and global markets. The price of 24-karat silver fell by Rs76 per tola to Rs6,215, while 10 grams of silver declined by Rs65 to Rs5,328. In contrast, international silver prices eased by $0.76 per ounce to $57.36.