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Gold Nears Rs. 500,000 Per Tola as Prices Hit Record Highs in Pakistan

Gold prices in Pakistan reached a record high on Tuesday, continuing their upward trend in the local market.

The price of gold per tola rose by Rs. 900 to Rs. 481,862, while 10-gram gold was sold at Rs. 413,118 after an increase of Rs. 771, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold per tola had reached Rs. 480,962 after a significant gain of Rs. 7,700 during the day.

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The international rate of gold increased by $9 to $4,595 per ounce, with a premium of $20.

Meanwhile, silver prices also climbed, rising by Rs. 180 to Rs. 9,075 per tola, marking continued gains in the precious metals market.

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Business Desk