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Massive increase in Gold prices

12 October, 2024 16:15

Gold prices in Pakistan saw a massive hike on Saturday, as it saw an increase of Rs1,600 per tola in 24-karat gold.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold fell by a massive Rs1,600 per tola, bringing it to Rs275,500.

Moreover, the 10-gram 24-karat gold rose to Rs236,197 after an increase of Rs1,372.

In the global market, gold prices faced a jump, with rates rising by $16 during the day.

According to the APGJSA, the international gold price stood at $2,656 per ounce.

Despite the hike in gold prices, the silver market remained stable, with the price of silver holding at Rs3,050 per tola.

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