Gold prices in Pakistan rise on global increase

Gold prices in Pakistan surged on Thursday, mirroring gains observed internationally. In local markets, gold’s value rose significantly—increasing by Rs7,900 per tola to sell at Rs523,962. Concurrently, 10-gram gold saw a jump of Rs6,773, now trading at Rs449,212. This rise in domestic rates matched the upward trend seen on the international stage, where gold prices climbed by $79 per ounce to stand at $5,012.

Interestingly, silver also saw an increase, with its price climbing by Rs358 to stand at Rs8,404 per tola. This local uptick in precious metal values highlights ongoing global market fluctuations impacting the domestic economy.