KARACHI: The price of gold hit an unprecedented high in Pakistan on Friday. As per the latest figures, the price of 24K gold increased by Rs2,200 per tola to Rs306,200.
According to the latest data, the price of 24-carat gold increased by Rs2,200 per tola, bringing the total price to Rs306,200.
The All Pakistan Sarafa Gems and Jewellers Association has given their fresh gold and silver rate that confirmed the gold price going up in record.
Data from this association highlighted the steady rise of the gold price, and it reached an all-time rise on Friday. Several relevant additions to this list contributed to the rise in gold prices.
The rising gold prices are primarily attributed to several contributory causes, including global market trends and economic conditions. It will be interesting to see how high these prices go and how they will impact the local market and the general economy.
The highest inducements will impact the jewelry trade, investors, and consumers, and the responses of the market during the coming days will be significant.
Latest Gold Rate in Pakistan
| GOLD PURITY | PER TOLA | PER 10 GRAM |
|---|---|---|
| 24K | Rs. 300,600 | Rs. 257,716 |
| 22K | Rs. 275,621 | Rs. 236,240 |
| 21K | Rs. 263,093 | Rs. 225,502 |
