Gold Price Rebound Ends as Rates Surge Sharply in Pakistan and Global Markets

KARACHI: The recent downward trend in gold prices has come to an end, with both domestic and international markets witnessing a sharp rebound in bullion rates.

According to the latest market data, the price of 24-karat gold in Pakistan surged by Rs9,100 per tola, taking the new price to Rs428,736 per tola.

Meanwhile, the price of 10 grams of 24-karat gold increased by Rs7,802, reaching Rs367,572.

Silver prices also recorded a significant rise, with the price per tola climbing by Rs203 to Rs6,445.

In the international market, gold prices jumped by $91 per ounce, pushing the global bullion rate to $4,063 per ounce, reflecting renewed strength in precious metal prices worldwide.