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Gold Price in Pakistan Posts Small Increase As Global Rates Near $5,200/Ounce

Gold prices in Pakistan posted a small increase on Wednesday, as international rates continued to rise closer to $5,200 per ounce.

In the local market, the price of gold per tola rose to Rs. 541,262 after gaining Rs. 1,300 during the day.

Similarly, 10-gram gold was sold at Rs. 464,044, up Rs. 1,114, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

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On Tuesday, gold per tola had closed at Rs. 539,962 after gaining Rs. 3,400 during the day.

In the international market, gold prices increased by $13 to reach $5,185 per ounce, with a premium of $20.

Meanwhile, silver prices also rose even higher, rising by Rs. 268 to settle at Rs. 9,554 per tola.

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Business Desk