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Gold Rate in Pakistan Smashes All Previous Records After Huge Single-Day Increase

5 min read
Legal Expert
Gold Rate in Pakistan Smashes All Previous Records After Huge Single-Day Increase
The price of 24 karat per tola gold increased by Rs. 4,700 and was traded at Rs. 314,000 on Friday as compared to its sale at Rs. 309,300 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. Today’s increase took the price of the precious metal to a new all-time high, much above the previous record price of Rs. 309,500 per tola. The prices of 10 grams of 24 karat also increased by Rs. 4,030 to Rs. 269,204 from Rs. 265,174  whereas the prices of 10 gram 22 karat gold also went up by Rs. 3,694 to Rs. 246,779  from Rs. 243,085 respectively. The prices of per tola silver increased by Rs. 90 to Rs. 3,530 whereas that of and ten gram silver went up by Rs. 77 to Rs. 3,026 respectively. The price of gold in the international market increased by $46 to $2,988 from $2,942 whereas that of silver went up by Rs.0.86 to Rs33.86, the Association reported.
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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