Gold prices in Pakistan have soared for the third successive day, as per the latest update from the All Pakistan James and Jewelers Association. The recent hike amounts to an impressive Rs. 2,000 per tola (equivalent to 11.66 grams), bringing the new per tola price to Rs. 214,800. Simultaneously, the rate for 10 grams of gold has surged to Rs. 184,156, exhibiting a notable increase of Rs. 1,714.
This substantial upward trend in gold prices holds significance not only for local markets but also for the global economic landscape. On the international front, the price of gold per ounce has climbed to $1988, marking a $23 increase.
The continuous upsurge in gold prices can be attributed to a confluence of both domestic and international factors, contributing significantly to the persistent fluctuations in the precious metal’s value.
Amid prevailing uncertainties, individuals and financial market stakeholders keenly monitor the trajectory of gold prices, seeking potential insights into broader economic trends and developments.
IN PAKISTAN
Gold Prices Surge in Pakistan, Marking Third Consecutive Day of Increase