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Gold Ends 8-Day Losing Streak in Pakistan After Small Increase

5 min read
Legal Expert
Gold Ends 8-Day Losing Streak in Pakistan After Small Increase
Gold prices in Pakistan rose on Wednesday after eight days of consecutive losses. Today’s gains come following positive growth in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola increased by Rs. 300 to Rs. 354,665. The 10-gram rate also rose by Rs. 258 to Rs. 304,068. Today’s gains come after yesterday’s big losses on Tuesday. The price per tola had dropped by Rs. 3,800 prior to today’s increase. Internationally, the price of gold rose by $3 to $3,330 per ounce, including a $20 premium, as reported by the APGJSA. In the local market, silver prices also climbed by Rs. 26 to Rs. 3,764 per tola.
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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