The price of gold in Pakistan witnessed a significant surge, reaching Rs. 225,300 per tola, continuing its upward trajectory.
Precious Metal Prices Experience Aggressive Gains
According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-carat gold rose by Rs. 2,500 per tola, closing at Rs. 225,300, while 10 grams of gold jumped by Rs. 2,143, closing at Rs. 193,158.
International Market Trends Hold Steady
After a recent dip to Rs. 204,000 per tola on July 12, the price of gold witnessed a remarkable recovery with a surge of nearly Rs. 10,000 per tola during the last week.
Global Gold Prices Remain Stable
In the international market, spot gold maintained its stability at $1,960.01 per ounce by 0536 GMT, with US gold futures experiencing a slight decline of 0.2 percent to $1,961.80.
