Gold Price in Pakistan Rises to Rs. 425,636 per Tola

Gold prices in Pakistan rose by Rs. 3,500 per tola on Wednesday as international rates climbed back above $4,000 per ounce.

The price of 24-karat gold increased to Rs. 425,636 per tola, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 10 grams of 24-karat gold also rose by Rs. 3,001 to Rs. 364,914.

Gold Reverses Previous Session’s Loss

Wednesday’s increase more than offset Tuesday’s decline, when gold prices fell by Rs. 1,300 per tola to Rs. 422,136.

Gold has seen significant fluctuations in recent weeks, including a Rs. 20,000 per tola drop last week.

In the international market, gold prices increased by $35 to $4,031 per ounce, supporting the rise in local rates.

Silver prices also edged higher in Pakistan. The price of silver rose by Rs. 61 per tola to Rs. 5,854.