KARACHI – Pakistani City bullion markets witnessed sharp increase in gold prices, with rate per tola jumping by Rs8,000 to reach an all-time high of Rs426,000.
According to Saraffa Market, 22-carat gold is now being sold at Rs390,500 per tola, while 21-carat gold is priced at Rs372,750 per tola.
Gold Rates Today
Gold Type | Price per Tola |
---|---|
24-carat | 426,000 |
22-carat | 390,500 |
21-carat | 372,750 |
Global gold market also saw a major uptick, with price per ounce increasing by $36 to $4,026. Analysts attribute the surge to global market uncertainties, the rising value of the US dollar, and fluctuations in local supply and demand.
This record increase has prompted investors and consumers alike to closely monitor market trends as gold continues to emerge as a safe-haven asset amid economic volatility.