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.
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