ISLAMABAD: After a huge drop of Rs 10,400 per tola in the price of gold yesterday, gold prices have increased today.
According to the All-Pakistan Gems and Jewelers Association, the price of gold per tola increased by Rs 3,700 on Tuesday, after which the price of gold per tola became Rs 344,200.
Similarly, 10 grams of gold became more expensive by Rs 3,173 to Rs 295,096.
How much gold does which country have?
The United States is in first place in terms of gold reserves worldwide, while China holds this honor in Asia. India is in eighth place globally and second place in Asia. Pakistan is in 49th place in the global list.
According to the report, the United States, Germany and Italy are at the top in terms of gold reserves, while China and India have the largest gold reserves in Asia.
According to the World Gold Council, central banks around the world bought more than 1,000 metric tons of gold in 2024, nearly double the average annual purchases over the past decade.
That’s why central banks are major gold hoarders, holding about a fifth of all gold mined in history.
