Gold Prices Jump by Rs. 8,600 Per Tola in a Week Across Pakistan

Gold prices in Pakistan recorded a sharp weekly increase, rising by Rs. 8,600 per tola during the past week.

According to All Pakistan Sarafa Jewelers Association, the price of one tola of gold closed at Rs. 481,862, compared to Rs. 473,262 at the end of last week.

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Similarly, the price of 10 grams of gold increased to Rs. 413,118, up from Rs. 405,745 recorded a week earlier.

Reason Behind the Price Surge

The association stated that the increase in local gold prices was driven primarily by a rise in international rates.
During the current week, gold in the global market traded at $4,595 per ounce, compared to $4,509 per ounce last week.

Silver Prices Also Rise

Silver prices also witnessed a significant jump:

• Silver per tola: Rs. 9,482

• Last week: Rs. 8,465

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