Gold price climbs to new record high of Rs275,500 per tola following Rs2,500 increase

gold price update

Bullion prices in Pakistan continued to climb on the  third trading day of the week as the rate for 24-karat gold was recorded Rs2,500 per tola higher than the previous closing.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold in local market was reported at Rs275,500 per tola.

The latest price of gold is the highest ever rate recorded for the precious metial in Pakistan’s history.

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Furthermore, the price of ten grammes of gold was quoted by APGJSA at Rs236,197 after a rise of Rs2,144 in today’s session.

This follows a surge in yellow metal’s value witnessed in the international market. According to APGJSA, gold price in the global market increased by $25 on Wednesday, clocking in at $2,653 per ounce. This rate also includes a premium of $20.

Gold price in Pakistan has increased by more than Rs50,000 per tola this year due to fluctuations in the international market.

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