Advertisement
Categories: BusinessNews

Pakistan Gold Prices Rise by Rs800 per Tola Amid Global Trends

Advertisement

Gold prices in Pakistan experienced a notable surge on Thursday, witnessing an increase of Rs800 per tola after a recent slight decline. Sources report that the current rate for gold stands at Rs216,300 per tola, reflecting the uptick in prices.

Additionally, the price of ten-gram gold has risen by Rs686, now costing Rs185,442.

The surge in gold prices mirrors trends in the global market, where the precious metal is currently valued at $2,040 per ounce, marking a $5 increase. However, within Pakistan, factoring in a $20 premium, the gold price rises to $2,060 per ounce.

This recent increase comes after a similar rise in gold prices on Tuesday, where prices surged by Rs700, reaching Rs216,100 per tola. Ten grams of gold also saw an increase of Rs600, reaching Rs185,271. Notably, gold prices had risen significantly by Rs1500 on January 29, reaching Rs215,400 per tola. Ten grams of 24-karat gold had similarly risen by Rs1,286, reaching Rs184,671.

Advertisement
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.

Recent Posts

“Hamas Leader Yahya Sinwar is Dead”, Says Israel’s Foreign Minister

Israeli Foreign Minister Israel Katz announced Thursday that Yahya Sinwar, a key Hamas leader responsible…

10 hours ago

Emerging Markets Set to Drive Global Economic Growth in the Next Decade: S&P Global

S&P Global has released its latest edition of the Look Forward research series, revealing that…

10 hours ago

Sindh Govt to install electricity meters in all govt residential colonies

A high-level meeting of the Cabinet Sub-Committee on Finance, chaired by Sindh Provincial Ministers for…

12 hours ago

200+ Students Arrested in Lahore for Protesting Over Alleged Rape Case

Police have arrested over 200 people, mostly students according to reports, in connection with violent…

13 hours ago

Govt aims to promote medical tourism: Dr Azra Pechuho

Provincial Minister for Health Dr Azra Pechuho said that the Sindh government extended its full…

14 hours ago

Govt to Pay Rs72 Billion to IPPs in Contract Termination Deal

The federal government has decided to pay around Rs72 billion to five Independent Power Producers…

14 hours ago