Gold Price in Pakistan Jumps Rs5,900 Per Tola

Date:

The gold price in Pakistan rose by Rs5,900 per tola on Friday, taking 24-karat gold to Rs440,936, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The 10-gram rate climbed by Rs5,058 to Rs378,031. On Thursday, gold had closed at Rs435,036 per tola after a Rs600 gain.

Gold price in Pakistan today: tola and 10-gram rates

The increase followed gains in the international market, where gold rose by $59 to $4,184 per ounce, according to the association. No other drivers were cited in the report.

Silver also moved higher on the day. It gained Rs144 to Rs6,512 per tola.

Local bullion rates are set by the sarafa association and track the international price closely, so buyers and jewellers usually see changes in Pakistan within hours of moves overseas.

Source: Business Recorder

Read More: More Business news

TaazaTaren
TaazaTarenhttps://taazataren.com
TaazaTaren is your trusted news source for technology, telecom, business, sports, auto, education, and global affairs since 2020.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Latest News

Popular

More like this
Related

PTML Challenges PTA Order to Suspend ONIC

PTML challenges PTA order that directs the mobile operator...

Rs12bn FESCO Power Fraud Case: What FIA Alleges

The FESCO power fraud case, in which the FIA...

SECP Show-Cause Notices Sent to 28,761 Companies

The SECP show-cause notices, issued in early September, target...

CCP Fines 3M Pakistan Rs10m Over Misleading Ad

The CCP fines 3M Pakistan Rs10 million after finding...