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.
| 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.
MUZAFFARABAD: The Azad Kashmir High Court has ordered the restoration of the Pakistan Tehreek-e-Insaf (PTI) election…
KARACHI: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It…
KARACHI: The price of gold in Pakistan has decreased by more than Rs 10,000, according…
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…
ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…
ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…