Gold prices rise by Rs5,700 per tola

Gold prices in Pakistan have seen a significant increase, with 24-karat gold rising by Rs5,700 per tola. International market prices also trended upward, while silver prices remained stable.
Why it matters
Fluctuations in precious metal prices significantly impact local economies and consumer purchasing power in Pakistan.
The prices of gold witnessed a sharp increase in the local market on Saturday, with the price of 24-karat gold per tola rising by Rs5,700 to settle at Rs482,936, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold increased by Rs4,972 to Rs414,039, whereas 10 grams of 22-karat gold rose by Rs4,558 to Rs379,549.
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