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Baner Club > Blog > Ecnomics > Major increase in gold price in Pakistan
EcnomicsPakistan

Major increase in gold price in Pakistan

Market analysts attribute rise in gold prices to various factors, including fluctuations in the international market

Last updated: 2024/07/05 at 3:25 PM
Published July 5, 2024
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For the third day in a row, Pakistani gold prices increased on Friday, reflecting gains in global markets.

According to the All-Pakistan Gems and Jewellers Sarafa Association, the cost of a tola of 24-karat gold increased by Rs1,100, to Rs244,000.

The cost of 10-gram 24-karat gold also saw an increase, going from Rs944 to Rs209,534. This comes after a hike of Rs857 in the price per tola on Thursday.

On Friday, the cost of 10 grams of 22-karat gold stayed at Rs192,072.

Also Read: Pakistan’s gold price per tola has increased dramatically

On Friday, the global gold market also saw increases. The global rate was $2,364 per ounce, up $9 during the trading session, according to APGJSA.

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BanerClub July 5, 2024 July 5, 2024
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