Gold prices surge by Rs2,400 per tola in Pakistan

Local gold rates align with international market increase

Gold prices in Pakistan saw a significant rise on Thursday, with the price per tola reaching Rs243,000 after a single-day gain of Rs2,400. 

The 10-gram gold price also increased, selling at Rs208,333, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This increase follows a decrease in gold prices on Wednesday when the price per tola dropped by Rs400. 

The international gold rate, which decreased on Thursday, was set at $2,362 per ounce (including a $20 premium), accumulating $30 during the day.

Silver rates remained stable at Rs2,800 per tola. 

In April, gold hit an all-time high of Rs252,200 per tola in the local market.

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