The gold price in Pakistan witnessed another increase on Monday as rates moved upward in line with the international bullion market trend. Investors and buyers closely monitored the changes amid ongoing global market fluctuations.
The gold price in Pakistan rose by Rs800 per tola during the day, pushing the new rate to Rs493,962 in the local market, according to the All Pakistan Gems and Jewellers Association.
Similarly, the gold price in Pakistan for 10 grams also increased by Rs686, reaching Rs423,492. The rise reflects continued volatility in global gold demand and currency movements.
Market data shows that the gold price in Pakistan has been following international trends, where gold gained $8 per ounce, reaching $4,716 with an additional premium.
Earlier in the week, the gold price in Pakistan had also recorded a significant jump of Rs2,300 per tola, indicating consistent upward pressure in the bullion market.
In contrast, the gold price in Pakistan silver market remained stable, with no change recorded. Silver continued to trade at Rs8,049 per tola in the local market.
Experts suggest that the gold price in Pakistan may continue to fluctuate in the coming days depending on global economic conditions, inflation trends, and currency stability.
