Gold prices in Pakistan soared to a new record on Tuesday, mirroring gains in the international market.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola climbed to Rs. 406,778 after a single-day increase of Rs. 3,178.
The price of 10 grams of gold also saw a significant jump, reaching Rs. 348,746 following a rise of Rs. 2,725.
Just a day earlier, on Monday, gold was trading at Rs. 403,600 per tola after a sharp gain of Rs. 5,900.
Internationally, gold prices continued their upward trend. APGJSA reported the global rate at $3,855 per ounce (including a $20 premium), up by $37 in a single day.
Meanwhile, silver prices moved in the opposite direction. The price of silver per tola dropped by Rs. 16, settling at Rs. 4,776.
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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