Gold prices in Pakistan rose sharply on Monday, mirroring gains in the international market. The price of gold per tola increased by Rs. 1,500, reaching Rs. 357,700, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Similarly, the price of 10-gram gold climbed by Rs. 1,286, settling at Rs. 306,670.
The rise comes after a slight dip in prices over the weekend. On Saturday, gold per tola had dropped by Rs. 900, closing at Rs. 356,200. However, Monday’s rebound reflects renewed momentum in the global gold market.
The international gold rate also saw an uptick, with prices reaching $3,350 per ounce, including a $20 premium. This marks a $15 increase in a single day, further driving local market trends.
While gold prices surged, silver remained unchanged in the local market. The price of silver per tola stood steady at Rs. 4,031, offering no movement despite fluctuations in the gold market.