Gold rates climb by Rs4000 per tola, as per tola rate of 24-karat bullion surged to Rs342,500 on previous trading day.
Data shared by Saraffa Association shows 10 grams of 24-karat gold rose by Rs3,429, settling at Rs293,638, while 10 grams of 22-karat gold were priced at 268,546.
Gold Rates Today
City | Gold | Silver |
Karachi | Rs342,500 | Rs3,410 |
Lahore | Rs342,500 | Rs3,410 |
Islamabad | Rs342,500 | Rs3,410 |
Peshawar | Rs342,500 | Rs3,410 |
Quetta | Rs342,500 | Rs3,410 |
Sialkot | Rs342,500 | Rs3,410 |
Hyderabad | Rs342,500 | Rs3,410 |
Faisalabad | Rs342,500 | Rs3,410 |
22 Karat Gold Price
Gold Rate | 22K Gold |
Per Tola Gold | 313,225 |
Per 10 Gram Gold | 268,546 |
Per 1 Gram Gold | 26,854 |
Per Ounce | 761,136 |
The increase in local gold rates aligns with global market trends. International gold prices climbed by $40, moving from $3,201 to $3,241 per ounce. Silver prices also inched up by $0.24, reaching $32.52 per ounce.
Analysts attribute the fluctuations in gold prices to ongoing global economic uncertainty and heightened geopolitical tensions, which are driving investors toward safe haven assets like gold. The precious metal has long been considered a reliable store of value during periods of market volatility and financial instability.
Gold price increases by Rs4,000 to Rs342,500 per tola in Pakistan