KARACHI – Gold prices in Pakistan continued their sharp upward surge mid week amid strong gains in the international market and adding further pressure on buyers in the local bullion market.
The price of gold per tola decreased by Rs2,900 during the day, taking it Rs540,362.
Gold Rates in Pakistan
| Gold Unit | New Price |
| Per Tola | Rs540,362 |
| 10 Grams | Rs463,273 |
| Per Ounce | $5,176 |
| Per Tola | Rs9,175 |
According to the rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10 grams of gold also witnessed notable decline of Rs2,486, reaching Rs463,273 in the local market.
22 Karat Gold Price
| Gold Rate Unit | 22K Gold | 21K Gold | 18K Gold |
|---|---|---|---|
| Per Tola | 479,875 | 458,062 | 392,625 |
| Per 1 Gram | 41,141 | 39,271. | 33,661.5 |
| Per 10 Gram | 411,418 | 392,71 | 336,615 |
| Per Ounce | 1,166,096 | 1,113,091 | 954,078 |
The latest spike comes just a day after a major jump on Tuesday, when the price of gold per tola surged by Rs3,700 to settle at Rs543,262, indicating strong momentum in bullion prices.
Meanwhile, gold prices dropped by $29 to reach $5,176 per ounce, including a $20 premium.
