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Gold Price Hits Rs. 350,000 Per Tola for First Time in History

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Legal Editorial Desk
Gold Price Hits Rs. 350,000 Per Tola for First Time in History
Gold prices continued their upward trajectory on Thursday, setting a new all-time high in Pakistan. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola surged by Rs. 2,000, reaching an all-time high of Rs. 350,000 in the local market. Similarly, the price of 10 grams of gold rose by Rs. 1,715, bringing it to Rs. 300,068. This new record follows a sharp increase on Wednesday, when gold prices rose by Rs. 8,600 in a single day to hit the then-high of Rs. 348,000 per tola. The international gold market also saw gains on Thursday, with the global price rising by $19 to $3,329 per ounce (including a premium of $20).
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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