In a reflection of the upward movement in the international gold market, gold rates in Pakistan experienced a notable increase on Thursday.
The precious yellow metal was valued at Rs213,300 per tola after a Rs1,500 surge, as reported by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Notably, the 10-gram gold price rose to Rs182,870, marking a Rs1,286 increase over the previous rate. Just a day earlier, on Wednesday, gold prices in Pakistan had dropped by Rs1,200, settling at Rs211,800 per tola.
The international gold rate, with a premium of $20, stood at $2,005 on Thursday, following a $9 increase in the global market, according to information shared by APGJSA.
Simultaneously, silver rates also observed a slight increase, with a Rs30 rise to reach Rs2,580 per tola.
These fluctuations in precious metal prices highlight the sensitivity of the market to global economic conditions and underline the importance of staying updated with these changes for investors and enthusiasts alike.