ISLAMABAD – Gold rates in Pakistan moved up, setting new records amid global buying rally in bullion markets.
Data shared by Saraffa Association shows price of 24-karat gold jumped by Rs2,300 per tola, bringing rate to an all-time high of Rs357,000. The price of 10 grams of 24-karat gold witnessed increase of Rs1,971, now valued at Rs306,069.
Gold Rates Today
City | 24KGold (per tola) | Silver (per tola) |
---|---|---|
Karachi | Rs357,000 | Rs3,937 |
Lahore | Rs357,000 | Rs3,937 |
Islamabad | Rs357,000 | Rs3,937 |
Peshawar | Rs357,000 | Rs3,937 |
Quetta | Rs357,000 | Rs3,937 |
This latest surge follows a sharp gain of Rs3,200 per tola earlier in the week, when gold closed at Rs354,700 in the domestic market, highlighting a consistent upward trend in recent days.
The rise in local gold prices mirrors developments in the international market, where gold continued its bullish streak. The global price of gold reached $3,345 per ounce, including a $20 premium, marking a $21 increase from the previous day. The steady climb is attributed to investor interest in safe-haven assets amid global economic uncertainty.
Silver prices followed a similar trend, climbing Rs86 per tola to reach Rs3,937. This increase adds to the overall momentum seen across precious metals.