KARACHI – Per Tola Gold prices in Pakistan remained at Rs4.29Lac on Wednesday amid latest gains in bullion market.
The price of 24K gold jumped by Rs4,700 in previous session to settle at Rs429,236. The price of 10 grams also registered a notable increase of Rs4,029, reaching Rs363,971.
| Unit | New Price |
| Gold Per tola | Rs429,236 |
| Gold 10 grams | Rs368,000 |
| Gold Per ounce | $4,068 |
| Silver Per tola | Rs6,396 |
The latest surge comes just a day after the local gold market witnessed a significant correction.
| Gold Rate | 22K Gold | 21K Gold | 18K Gold |
|---|---|---|---|
| Per Tola | Rs391,416.67 | Rs373,625 | Rs320,250 |
| Per 1 Gram | Rs33,558.25 | Rs32,032 | Rs27,456 |
| Per 10 Gram | Rs335,582.5 | Rs320,328 | Rs274,567 |
| Per Ounce | Rs951,142 | Rs907,908 | Rs778,207 |
The upward momentum was driven by international market trends, where gold gained $47 per ounce to reach $4,068 per ounce, including a premium of $20. The rise in global bullion prices provided fresh support to the domestic market, resulting in higher rates across Pakistan.
Meanwhile, silver prices also moved higher, with the price of one tola increasing by Rs219 to settle at Rs6,396, reflecting the broader strength in precious metals.
Market analysts say local gold prices are likely to remain closely tied to movements in the international market, with global economic developments and investor sentiment continuing to influence bullion trends.
Gold price hits Rs424,236 Per Tola in Pakistan after slight uptick
