Gold prices increase once again in Pakistan

Gold prices increase once again in Pakistan
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ISLAMABAD (Kashmir English): Gold prices in Pakistan have made a strong recovery after a major one-day drop because they now approach the important Rs. 500,000 per tola threshold.

The All Pakistan Sarafa Gems and Jewellers Association reports that 24-karat gold per tola now costs Rs.497,662 after its price increased by Rs. 3,000.

The price of 10 grams of 24-karat gold increased by Rs.2,572, which brought the total to Rs.426,664. Global markets showed similar upward trends because gold prices increased by $30 per ounce to a total of $4,753.

Silver Rates in Pakistan

Silver rates in the domestic market also moved higher in line with gold, as the per tola price of silver gained Rs130, reaching Rs.8,014.

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