Gold Prices Rise by Rs1,400 Per Tola in Pakistan

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Sameer

Gold prices in Pakistan rose on Thursday, following an upward trend in global markets.

According to the All Pakistan Gems and Jewellers Association, gold per tola increased by Rs1,400, reaching Rs274,000, while the 10-gram rate climbed by Rs1,200 to Rs234,911.

Read more: Gold Prices See Significant Rise in Pakistan

In the international market, gold prices rose by $14 per ounce, settling at $2,628.

Silver prices, however, remained steady at Rs3,350 per tola and Rs2,872.08 per 10 grams in the local market.

Meanwhile, the Pakistan Stock Exchange (PSX) experienced significant volatility as the KSE-100 index fell sharply, losing 1,991 points to close at 110,423.32, a 1.77% drop. Major sectors, including autos, banks, cement, fertilizers, and refineries, faced heavy selling pressure.

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