ISLAMABAD: Gold prices in Pakistan witnessed a strong upswing amid a similar rise in international markets.
According to the Sarafa Association (APGJSA), the price of gold per tola jumped by Rs7,900, reaching Rs431,562 in the local market.
The price of 10-gram gold also strengthened, increasing by Rs6,773 to hit Rs369,994.
Gold Rates Today (December 1)
| City | Gold Price |
| Karachi | 431,562 |
| Lahore | 431,562 |
| Islamabad | 431,562 |
| Peshawar | 431,562 |
| Quetta | 431,562 |
| Sialkot | 431,562 |
| Hyderabad | 431,562 |
| Faisalabad | 431,562 |
The recent rebound followed a decline a day earlier, when the per-tola price had dropped by Rs7,000 to settle at Rs423,662 on Tuesday.
International bullion rates posted significant gains as well. APGJSA reported the global gold price at $4,092 per ounce, including a $20 premium, reflecting a day-on-day rise of $79.
Silver prices moved upward too, with the per-tola rate climbing by Rs177 to reach Rs5,422.
