KARACHI – Gold prices in Pakistan continue to rise, with the cost per tola increasing by Rs 1,600 to reach Rs 285,000.
This latest surge is attributed to a $16 rise in the international market, pushing the price of gold to $2,755 per ounce. Consequently, the price of gold per 10 grams is now approximately Rs 244,342.
Price Breakdown:
| Item | Old Price | New Price | Change |
|---|---|---|---|
| Gold (24K – per tola) | Rs 283,400 | Rs 285,000 | +Rs 1,600 |
| Gold (24K – per 10 grams) | Rs 242,970 | Rs 244,342 | +Rs 1,372 |
In the meantime, the local currency is facing pressure, with a slight depreciation to Rs 277.68 against the US dollar in the inter-bank market.
As the gold market remains volatile, traders and investors are closely monitoring these fluctuations and their potential impact on future pricing.
