Gold and Silver Prices Rise Across Pakistan

Prices of gold and silver increased across Pakistan on Saturday as the global market showed a fresh upward trend. The rise in international rates directly pushed local prices higher.

Gold Price Jumps in International Market

According to the latest update from the international bullion market, the price of gold climbed by 16 dollars per ounce, reaching 4214 dollars. The global rise created pressure on Pakistan’s local gold market as well.

24-Karat Gold Rates Go Up in Local Market

All Pakistan Gems and Jewellers Association reported that 24-karat gold per tola increased by Rs 1,600. With this jump, the new price reached Rs 443,762 per tola.

The 10-gram gold rate also went up by Rs 1,372, and the updated price now stands at Rs 380,454. Jewellers say the rise is linked to the continuous fluctuations in the international market.

Silver Price Also Increases

Silver prices recorded a slight rise too. The 24-karat silver per tola price increased by Rs 30, bringing the new rate to Rs 6,102. Dealers expect stability only if global prices settle in the coming days.