Pakistan Gold Prices Soar by Rs3,900 per Tola Amid International Market Surge

Gold prices in Pakistan surged by Rs3,900 per tola on Friday due to an increase in the international market. According to the All Pakistan Sarafa Gems and Jewellers Association, 24-karat gold rates reached a new high of Rs469,136 per tola.

The price of 10-gram gold also rose significantly by Rs3,344 to Rs402,208. This rise is attributed to the increase in international gold prices, which jumped by $39 to $4,466 per ounce.

Notably, the local market typically adjusts its rates by a premium of $20 against international rates. As a result, the price of silver also rose by Rs117 to Rs7,161 per tola, with 10-gram silver rates increasing by Rs100 to Rs6,139.