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Gold Prices Skyrocket Above Rs. 5 Lac in Pakistan Despite Gulf War Averted

Gold prices in Pakistan reported a massive increase today in line with trends in international prices.

The price of one tola gained Rs. 15,700 to settle at Rs. 504,162, while 10 grams recovered Rs. 13,460 to reach Rs. 432,237, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold lost Rs. 3,000 to reach Rs. 488,462 per tola.

The international market bullion gained $157 to reach $4,814 per ounce, with an additional $20 premium.

Silver gained Rs. 440 to reach Rs. 8,184 per tola.



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