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Baner Club > Blog > Ecnomics > Pakistan’s gold price soars and reaches a record high.
EcnomicsPakistan

Pakistan’s gold price soars and reaches a record high.

Silver rates in local market remains stable at Rs2,900 per tola

Last updated: 2024/08/01 at 4:39 PM
Published August 1, 2024
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Pakistan’s gold prices rose sharply on Thursday, matching the global market’s upward trend.

The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reports that the current rate for gold per tola is Rs254,900, an increase of Rs1,400.

In a same vein, the cost of ten grams of gold increased by Rs1,201 to Rs218,536. This hike comes after a surge of Rs1,200 in the price of gold per tola on Wednesday.

Thursday saw improvements in the global gold market as well, with the price per ounce rising by $17 to $2,432, with a $20 premium, according to the APGJSA.

In contrast, there was no change in the price of silver in the local market, which stayed at Rs2,900 per tola.

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admin August 1, 2024 August 1, 2024
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