Pakistan Gold Prices Rise by Rs800 per Tola Amid Global Trends

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.