Gold prices in Pakistan remained stable on Thursday, following a record-breaking surge the previous day.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola held firm at Rs. 376,700 in the local market.
Similarly, the price of 10-gram gold also remained unchanged at Rs. 322,959.
On the international front, gold prices remained steady at $3,540 per ounce, including a $20 premium, as reported by APGJSA.
The price of silver in Pakistan also remained stable, with the rate per tola fixed at Rs. 4,315.
The stability in gold and silver prices comes after a period of significant volatility, with gold reaching unprecedented levels in the local market. Analysts suggest that the current trend reflects a temporary pause in market activity as investors assess global economic conditions and currency fluctuations.
Editorial & Legal Practice Group
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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