Gold Just Erased Its Entire Rs3,800 Drop — And Then Some
Gold jumps Rs6,900 per tola to Rs460,336 in Pakistan, mirroring a $69 surge in international markets after Thursday's sharp decline.
Gold prices in Pakistan surge Rs6,900 per tola to Rs460,336, reversing Thursday's decline as international gold jumps $69 per ounce.
The price of 24-karat gold in Pakistan jumped Rs6,900 per tola on Friday, reaching Rs460,336, according to the All Pakistan Sarafa Gems and Jewellers Association — a sharp reversal after Thursday's Rs3,800 drop. Ten grams of 24-karat gold rose Rs5,914 to Rs394,663, while 10 grams of 22-karat gold climbed Rs5,423 to Rs361,787.
It's a Global Move
International gold prices jumped $69 to reach $4,378 per ounce, confirming this wasn't a local anomaly but part of a broader global rally.
Silver Rode the Same Wave
Silver followed suit: 24-karat silver rose Rs300 to Rs7,169 per tola, while 10 grams climbed Rs257 to Rs6,146.
The Bottom Line
Two days, two sharp swings in opposite directions — gold's Rs6,900 jump today more than makes up for Thursday's dip, a reminder of just how quickly precious metal prices can whipsaw when global market sentiment shifts.
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