Gold price climbs Rs4,200 per tola to Rs487,136 in Pakistan
Gold prices in Pakistan have reached a record high of Rs487,136 per tola following a surge in international bullion rates. The increase is attributed to global market trends and fluctuations in the rupee-dollar exchange rate.
Why it matters
Rising gold prices reflect broader economic instability and inflationary pressures within the Pakistani economy.
Gold prices continued their upward movement in Pakistan on Monday, extending their winning streak to four consecutive days as international bullion rates also moved higher.
According to the All Pakistan Sarafa Association, the price of 24-karat gold rose by Rs4,200 per tola, reaching Rs487,136.
The rate for 10 grams of 24-karat gold increased by Rs3,601 to Rs417,640.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in