Gold prices in Pakistan have surged to a new record high, continuing their upward trajectory driven by global market trends. On Thursday, the Sarafa Association reported that the price of one tola of gold increased by Rs700, bringing it to an all-time high of Rs277,900. Similarly, the price of 10 grams of gold saw an increase of Rs600, settling at Rs238,254.
This spike mirrors the international market, where the price of gold per ounce rose by $7, reaching $2,682. The consistent rise in global prices has further fueled the local gold market’s upward trend.
Gold Prices in Pakistan Today (October 17, 2024)
| Metric | New Price | Change |
|---|---|---|
| Gold (per tola) | Rs277,900 | +Rs700 |
| Gold (per 10 grams) | Rs238,254 | +Rs600 |
Meanwhile, silver prices in Pakistan remained unchanged, reflecting stability despite the significant movement in gold prices.
The steady rise in gold prices highlights the metal’s appeal as a safe-haven investment, with both local and international markets witnessing substantial gains.
