KARACHI – Gold prices in Pakistan skyrocketed to historic highs mid-week, crossing Rs5.5lac mark. After single day gain of staggering Rs21,100, bullion jumped to Rs551,662.
The rally was equally dramatic for 10-gram gold, which jumped by Rs18,090 to reach Rs472,961.
Gold Rates in Pakistan Today
| Metal | Unit | Latest Price | Change |
|---|---|---|---|
| Gold | Per Tola | 551,662 | + 21,100 |
| Gold | 10 Grams | 472,961 | +18,090 |
| Silver | Per Tola | 11,911 | + 271 |
Per Tola Gold Prices
| Gold Rate | 22K Gold | 21K Gold | 18K Gold |
|---|---|---|---|
| Per Tola | 497,291 | 474,687 | 406,875. |
| Per 1 Gram | 42,635 | 40,697 | 34,883 |
| Per 10 Gram | 426,350 | 406,971 | 348,832 |
| Per Ounce | 1,208,418 | 1,153,490. | 988,706 |
On the international front, gold prices staged a powerful breakout, climbing $211 to hit $5,293 per ounce, including a $20 premium. Silver also joined the rally, with prices in Pakistan jumping by Rs271 to touch a fresh all-time high of Rs11,911 per tola.
Meanwhile, global gold prices smashed through the critical $5,200 barrier for the first time ever on Wednesday, as investors braced for an upcoming US Federal Reserve monetary policy decision.
Gold prices surge past Rs550,000 in Pakistan amid massive increase
