{"id":63510,"date":"2025-01-24T19:50:41","date_gmt":"2025-01-24T14:50:41","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=63510"},"modified":"2025-01-24T19:51:47","modified_gmt":"2025-01-24T14:51:47","slug":"gold-prices-receive-all-time-high-in-pakistan","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/gold-prices-receive-all-time-high-in-pakistan\/","title":{"rendered":"Gold prices receive all time high with Rs2,900 increase in Pakistan"},"content":{"rendered":"

KARACHI: For the first time in history, Gold prices<\/a> in Pakistan have reached unprecedented levels, with a sharp increase of Rs2,900, bringing the price of gold per tola to Rs289,600.<\/span><\/p>\n

Similarly, the price of 10 grams of gold\u00a0<\/span>touched<\/span>\u00a0<\/span>Rs238,285<\/span>\u00a0<\/span>as the cost went up\u00a0<\/span>by Rs2,486. Analysts explain the rise in\u00a0 domestic <\/span>prices\u00a0<\/span>of<\/span>\u00a0<\/span>gold<\/span>\u00a0<\/span>due\u00a0<\/span>to\u00a0<\/span>a<\/span>\u00a0<\/span>massive<\/span>\u00a0<\/span>hike<\/span>\u00a0<\/span>within<\/span>\u00a0the international market<\/a><\/span>\u00a0due to which<\/span>,\u00a0<\/span>during<\/span>\u00a0<\/span>trading,\u00a0<\/span>gold\u00a0 prices jumped <\/span>\u00a0<\/span>$29\u00a0<\/span>an<\/span>\u00a0ounce<\/span>\u00a0<\/span>to<\/span>\u00a0an all-time high of $2,772\u00a0<\/span>an<\/span>\u00a0ounce\u00a0<\/span>in the global market<\/span>.<\/span><\/p>\n

The\u00a0rise<\/span>\u00a0in\u00a0<\/span>the<\/span>\u00a0prices\u00a0<\/span>of gold\u00a0<\/span>in Pakistan\u00a0<\/span>has<\/span>\u00a0not\u00a0<\/span>been<\/span>\u00a0<\/span>sudden<\/span>\u00a0<\/span>but<\/span>\u00a0<\/span>for<\/span>\u00a0the\u00a0<\/span>past<\/span>\u00a0<\/span>several<\/span>\u00a0<\/span>days,<\/span>\u00a0<\/span>the<\/span>\u00a0<\/span>graph<\/span>\u00a0<\/span>of<\/span>\u00a0<\/span>its<\/span>\u00a0<\/span>price<\/span>\u00a0<\/span>has<\/span>\u00a0<\/span>seen a sharp ascent<\/span>. <\/span><\/p>\n

On Thursday,\u00a0<\/span>the\u00a0<\/span>gold prices in the local market\u00a0<\/span>surged by Rs4,250<\/span>\u00a0<\/span>to<\/span>\u00a0<\/span>reach<\/span>\u00a0<\/span>Rs287,450 per tola,\u00a0<\/span>and<\/span>\u00a0the\u00a0<\/span>10 grams\u00a0<\/span>gold\u00a0<\/span>price\u00a0<\/span>had increased by Rs3,642<\/span>\u00a0<\/span>to<\/span>\u00a0Rs246,440. <\/span><\/p>\n

Earlier, on Tuesday,\u00a0<\/span>the price of\u00a0<\/span>gold\u00a0<\/span>had\u00a0<\/span>gained<\/span>\u00a0<\/span>Rs300<\/span>\u00a0<\/span>and<\/span>\u00a0<\/span>was quoted\u00a0<\/span>at Rs283,200 per tola. The continuous rise of gold <\/span>\u00a0<\/span>price<\/span>\u00a0is\u00a0<\/span>evidence<\/span>\u00a0<\/span>of\u00a0<\/span>its<\/span>\u00a0increasing demand\u00a0<\/span>as<\/span>\u00a0<\/span>compared<\/span>\u00a0<\/span>to its\u00a0<\/span>supply<\/span>.<\/span>
\n<\/span>
\nIn another development, Pakistan Bureau <\/span>of\u00a0<\/span>Statistics<\/span>\u00a0<\/span>(PBS)<\/span>\u00a0<\/span>has<\/span>\u00a0<\/span>revealed<\/span>\u00a0<\/span>that<\/span>\u00a0<\/span>short-term inflation has\u00a0<\/span>decreased<\/span>\u00a0by 0.77 per cent\u00a0<\/span>in<\/span>\u00a0<\/span>the<\/span>\u00a0<\/span>country against\u00a0<\/span>the previous week, but\u00a0<\/span>it\u00a0<\/span>has\u00a0<\/span>increased<\/span>\u00a0by 0.52 per cent compared to the same period last year<\/span>.<\/span><\/p>\n

The report\u00a0<\/span>said<\/span>\u00a0that major price\u00a0<\/span>decreases<\/span>\u00a0were\u00a0<\/span>observed<\/span>\u00a0<\/span>in<\/span>\u00a0essential commodities<\/span>,<\/span>\u00a0such as tomatoes, eggs, onions, potatoes, LPG, gram pulse, chicken, mash pulse, and gur. <\/span><\/p>\n

The price of\u00a0<\/span>tomato<\/span>\u00a0<\/span>declined<\/span>\u00a0by 32.99 per cent, eggs by 10.23 per cent, onions by 9.79 per cent, potatoes by 7.37 per cent, LPG by 2.70 per cent, gram pulse by 1.61 per cent, chicken by 1.00 per cent, mash pulse by 0.76 per cent<\/span>\u00a0and gur by 0.50 per cent.\u00a0<\/span>With\u00a0<\/span>the\u00a0<\/span>prices of these\u00a0<\/span>necessities<\/span>\u00a0<\/span>coming<\/span>\u00a0<\/span>down,<\/span>\u00a0<\/span>consumers<\/span>\u00a0<\/span>are<\/span>\u00a0<\/span>hopeful<\/span>\u00a0<\/span>that<\/span>\u00a0<\/span>they<\/span>\u00a0<\/span>will<\/span>\u00a0<\/span>gain<\/span>\u00a0<\/span>relief<\/span>\u00a0<\/span>and<\/span>\u00a0<\/span>curb<\/span>\u00a0inflation.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

KARACHI: For the first time in history, Gold prices in Pakistan have reached unprecedented levels, with a sharp increase of Rs2,900, bringing the price of gold per tola to Rs289,600. Similarly, the price of 10 grams of gold\u00a0touched\u00a0Rs238,285\u00a0as the cost went up\u00a0by Rs2,486. Analysts explain the rise in\u00a0 domestic prices\u00a0of\u00a0gold\u00a0due\u00a0to\u00a0a\u00a0massive\u00a0hike\u00a0within\u00a0the international market\u00a0due to which,\u00a0during\u00a0trading,\u00a0gold\u00a0 prices […]<\/p>\n","protected":false},"author":9,"featured_media":12427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,14814],"tags":[22299,18668],"class_list":["post-63510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-gold-rates","tag-gold-prices-surge-in-pakistan","tag-latest-gold-rate-in-pakistan-today"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/63510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=63510"}],"version-history":[{"count":3,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/63510\/revisions"}],"predecessor-version":[{"id":63519,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/63510\/revisions\/63519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/12427"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=63510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=63510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=63510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}