Gold price witnesses major increase in Pakistan

The per tola price of 24-carat gold in Pakistan increased by Rs 1,300 on Saturday, reaching Rs 222,800, up from Rs 222,500 the previous day.

Similarly, the price of 10 grammes of 24-carat gold increased by Rs 1,115, with the new rate being Rs 191,016, up from Rs 189,901. Meanwhile, the All Sindh Sarafa Jewellers Association claimed that the price of 10 grammes of 22 karat gold has risen to Rs 174,076.

In contrast, silver prices in the domestic market remained steady, with per tola and ten-gram silver selling for Rs 2,750 and Rs 2,357.68, respectively.

On the international front, the price of gold experienced a slight decrease of $4, falling to $1,932 from the previous rate of $1,936, according to the association’s report.