Business

Gold price in Pakistan breaks all records sets new record high

Published by
Staff Reporter

KARACHI: Gold prices in Pakistan reached unprecedented levels on Wednesday, surpassing previous records. The price of gold per tola jumped by Rs2,300, reaching a new all-time high of Rs264,000, while the price of 10 grams of gold increased by Rs1,972, settling at Rs226,337, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This significant surge follows a rise of Rs1,300 on Tuesday, which saw the price reach Rs261,700. The upward trend is attributed to gains in global markets, with gold prices increasing internationally as well.

Latest Gold Prices in Pakistan

Gold Rate 24K Gold 22K Gold
Per Tola Gold 264,000.000 243,283.333
Per 10 Gram Gold 226,540.000 208,578.333

The APGJSA reported a daily rise of $23, bringing the price to $2,524 per ounce, with an additional premium of $20.

The continuous increase in gold prices reflects the ongoing demand and market dynamics, solidifying gold’s position as a valuable asset.

Staff Reporter

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