Gold prices in Pakistan rose on Wednesday in line with gains in the international market, while silver climbed to a fresh record high.
In the local market, the price of gold per tola increased by Rs. 2,700 during the day to settle at Rs. 453,562. The rate for 10-gram gold also went up, rising by Rs. 2,315 to Rs. 388,856, according to figures shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
A day earlier, on Tuesday, the price of gold per tola had closed at Rs. 450,862 after a decline of Rs. 4,000 during the session.
In the international market, the price of gold was up by $27, reaching $4,312 per ounce (including a premium of $20).
Meanwhile, silver extended its rally, with the price per tola jumping by Rs. 290 to hit Rs. 6,822, a new all-time high in the local market.
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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