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Categories: BusinessNews

Gold Prices Surge by Rs 1,500 Per Tola

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Gold prices in Pakistan surged significantly on Wednesday, aligning with the global uptrend observed in the precious metals market.

The price of gold reached Rs225,400 per tola, marking a notable increase of Rs1,500 within the day. Meanwhile, the 10-gram gold price settled at Rs193,244, reflecting a rise of Rs1,286, according to the latest figures released by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This surge follows Tuesday’s escalation, where gold prices rose by Rs2,700 per tola. Internationally, gold maintained its resilience, commanding a premium of $20. The global gold rate stood at $2,148 per ounce on Wednesday, indicating a $13 increase in the international market, as reported by APGJSA.

In contrast, silver rates remained steady at Rs2,600 per tola, holding firm amidst the fluctuating trends in the precious metals market.

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Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

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