Fourth consecutive surge pushes gold price to Rs246,400 per tola in Pakistan
Gold prices in Pakistan rose for the fourth consecutive session on Saturday, mirroring an uptick in the international market.
The price of gold per tola in the local market climbed by Rs2,000, reaching Rs246,400, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Similarly, the price of 10-gramme gold increased by Rs1,740, selling at Rs211,247. This follows a Rs1,100 rise in the price per tola observed on Friday.
Internationally, gold prices also saw an increase on Saturday. The rate, as reported by APGJSA, was $2,388 per ounce (including a $20 premium), marking a $24 gain for the day.
Silver prices also saw an upward trend, rising by Rs50 to settle at Rs2,900 per tola.
In April, the price of gold in the local market hit a record high of Rs252,200 per tola.
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