ISLAMABAD (Kashmir English): The gold prices in Pakistan continued their record-breaking spree on Tuesday when the per tola price crossed Rs406,000.
Per tola gold price rose by Rs3,178 with the new rate settling at a record high of Rs406,778, underlining the Sarafa association.
Even the 10-gram gold price jumped Rs2,715 to reach Rs348,746. The valuable commodity also recorded a gaining-streak in the global market, where the price per ounce increased by $37 to hit a new high of $3,855.
Per Tola Price of Gold Today in Pakistan
Gold is trading at a record high of Rs406,778 per tola in the local market after recording an increase of Rs3,178.
PSX Reaches New High
While this, bulls retained the control of the trading floor as the Pakistan Stock Exchange (PSX) on Tuesday crossed three milestones in the early session after an optimistic economic outlook by the Asian Development Bank (ADB).
In the intraday trade, the KSE-100 has risen by more than 2,000 points to an all-time high of 166,556 points from the previous close of 163,847.68.
This follows the ADB, in its most recent report, having stated that Pakistan’s growth is expected to persist in the medium term, with real gross domestic product (GDP) growth projected at 3.0% in FY2026 as macroeconomic stability strengthens through continued reforms aimed at structural vulnerabilities.
Economic reform has continued to advance well under the IMF Extended Fund Facility program, starting in October 2024. Policy stability and climate resilience are crucial for sustaining the momentum in growth. There are still high downside risks to the outlook.
Pakistan’s growth outlook remains optimistic,” said ADB Pakistan Country Director Emma Fan. “But the nation still has structural challenges, exacerbated by recurring events like the recent floods.
In this regard, sustained reforms and policy implementation are needed to support policy credibility, maintain economic momentum, and support the country’s resilience.
