Gold Rebounds, Tola Price Rises By Rs1,100

Gold rebounded in the domestic market of Pakistan on Wednesday following two consecutive sessions of losses.

According to data from the All Pakistan Gems and Jewellers Association, the price per tola surged by Rs1,100, reaching Rs242,000. Similarly, the price of 10 grams of gold increased by Rs943, closing at Rs207,476.

Read more: Gold Price Increases Rs2,400 Per Tola In Pakistan

In the international market, the price of gold rose by $11, settling at $2,320.

Meanwhile, silver prices remained steady at Rs2,650 per tola domestically and at Rs2,371.94 per 10 grams internationally.

The previous day, the price of gold per tola had dropped by Rs7,800 to Rs240,900, while the price of 10 grams of gold had plunged by Rs6,687 to Rs206,533.