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Gold’s Record Run Continues As it Surges to Fresh All-Time High

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5 min read
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Legal Editorial Desk
Gold’s Record Run Continues As it Surges to Fresh All-Time High
Gold continued its record-breaking surge in both local and international markets on Friday. In Pakistan, the price of gold per tola climbed by Rs. 2,380, reaching Rs. 323,380. Similarly, the price of 10-gram gold rose by Rs. 2,041, bringing it to Rs. 277,246, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On the global front, gold prices also saw an upward trend. APGJSA reported that the international gold rate stood at $3,074 per ounce (including a $20 premium), marking a $22 increase for the day. A day earlier, on Thursday, gold prices had surged by Rs. 3,200 per tola, closing at Rs. 321,000. Meanwhile, silver prices in Pakistan also saw an increase of Rs. 30 per tola, reaching Rs. 3,610.
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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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