KARACHI – Gold rates in Pakistani market witnessed another hike, amid surge in international gold prices. According to traders, price of gold jumped by Rs1,400 per tola to Rs349,300.
Today Gold Rates
| City | Gold | Silver |
|---|---|---|
| Karachi | Rs349,300 | Rs3,480 |
| Lahore | Rs349,300 | Rs3,480 |
| Islamabad | Rs349,300 | Rs3,480 |
| Peshawar | Rs349,300 | Rs3,480 |
| Quetta | Rs349,300 | Rs3,480 |
| Sialkot | Rs349,300 | Rs3,480 |
| Hyderabad | Rs349,300 | Rs3,480 |
| Faisalabad | Rs349,300 | Rs3,480 |
Silver prices also followed the upward trajectory, with international rates edging past $33 per ounce. As a result, domestic silver prices rose by Rs32 per tola and Rs27 per 10 grams, now standing at Rs3,480 and Rs2,983 respectively.
Gold prices in the international market jumped by $14, reaching $3,309 per ounce. This upward trend influenced local markets, where the
Market analysts attribute the bullish trend to ongoing global economic uncertainties, which have traditionally driven investors toward precious metals as safe-haven asset.
It is important to note that actual trading prices in the open market may vary slightly from the official rates issued by the association.
