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Commodities

Pakistani Gold Prices Rise with International Market Trends

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Gold prices in Pakistan have increased for the second consecutive day, following international trends. The price of 24-karat gold rose to Rs. 457,136 per tola after a gain of Rs. 400, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). In contrast, gold lost Rs. 5,600 on Friday to close at Rs. 456,736.

The international market saw gold gain $4 to settle at $4,346 per ounce, including a $20 premium. Meanwhile, silver prices jumped to Rs. 6,924 per tola after gaining Rs. 53 on Saturday. The market situation in the United Arab Emirates is expected to keep bullion rates under $4,600 in the coming days.

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