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Gold Price in Pakistan Surges to Historic High as International Prices Climb

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5 min read
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Legal Editorial Desk
Gold Price in Pakistan Surges to Historic High as International Prices Climb
Gold prices in Pakistan surged to a new all-time high on Tuesday, following an upward trend in international markets. The price of gold per tola climbed by Rs. 2,550, reaching Rs. 317,350 in a single day. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10-gram gold rose by Rs. 2,186, settling at Rs. 272,076. This comes after Monday’s record-breaking increase, where gold per tola jumped by Rs. 1,100 to reach Rs. 314,800. The APGJSA also reported a rise in global gold prices, with the international rate reaching $3,022 per ounce (including a $20 premium), reflecting a $25 increase during the day. Additionally, silver prices gained Rs. 25, closing at Rs. 3,555 per tola.
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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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