Gold prices in Pakistan rose sharply on Saturday, mirroring the strong upswing in the international bullion market.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24 karat gold climbed to Rs. 444,162 per tola after increasing by Rs. 5,300 during the day.
The 10 gram rate also moved up, reaching Rs. 380,797 following a gain of Rs. 4,544. This comes after two days of stability, when gold held firm at Rs. 438,862 per tola on Friday.
In the global market, spot gold jumped by $53 to hit $4,218 per ounce, including a premium of $20, reflecting heightened investor demand.
Meanwhile, silver prices also recorded a notable increase. The per tola rate rose by Rs. 267, reaching Rs. 5,909 in the domestic market.