Gold Prices Surge for Seventh Straight Day, Crossing Rs 463,000 Per Tola

Gold prices in Pakistan surged for the seventh consecutive session on Wednesday. It rose by Rs 4,200 per tola to reach a historic peak of Rs. 463,936. The price followed a continuous upward trend in international markets

Gold rates in domestic and global bullion markets maintained their upward rally for the seventh straight day. It was driven by strong international buying and market demand.

The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) released the latest prices. According to the data, the price of 24 karat gold increased by Rs 4,200 per tola, settling at Rs 463,936.

Break Down of Local and International Gold Rates

The latest price adjustments across local and global markets include

• 24-karat gold (per tola) increased by Rs 4,200 to reach Rs 463,936.
• 10-gram gold rose by Rs 3,601 to settle at Rs 397,750.
• The international gold market gained $42 during trading, bringing global spot rates to $4,415 per ounce.
• Silver rates (per tola) rose by Rs 146 in the local bullion market to trade at Rs 7,111 per tola.