KARACHI – Gold prices in Pakistan maintained their bullish run, with the rate of the precious metal soaring by Rs2,100 per tola, reaching Rs409,878, in step with gains in the international market.
The price of 10 grams of gold also rose by Rs1,801, settling at Rs351,404.
Gold Rates in Pakistan
Gold Rate | 24K Gold | 22K Gold | 21K Gold | 18K Gold |
---|---|---|---|---|
Per Tola | Rs 409,878 | Rs 375,375 | Rs 358,312 | Rs 307,125 |
Per 1 Gram | Rs 35,140 | Rs 32,183 | Rs 30,720 | Rs 26,331 |
Per 10 Gram | Rs 351,404 | Rs 321,832 | Rs 307,203 | Rs 263,317 |
Per Ounce | Rs 995,085 | Rs 912,161 | Rs 870,69 | Rs 746,313 |
Meanwhile, silver prices also advanced, with one tola trading at Rs4,896, marking a Rs57 increase.
The steady rise in prices reflects the ongoing global uptrend, as the international gold rate climbed to $3,886 per ounce, showing a $21 increase and a $20 premium.
Analysts attribute the rise to continued global economic uncertainty, a weaker dollar, and strong investor demand for safe-haven assets like gold. Market observers expect prices to remain volatile in the coming days amid shifts in international rates and local currency movements.