Rising gold prices hit new heights in Pakistan

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A continue increase in the 24-carat gold prices witnessed on Friday as it rose by Rs700 to Rs241,700 per tola.

According to rates shared by the all-Pakistan Gems and Jewellers Sarafa Association, the price of 10 grams of gold increased by Rs600 to Rs207219 on Friday.

APGJSA said the silver price per tola is fixed at Rs2850.

The price of gold per ounce increased by $22 to $2326 in the global market.

Over the past year, gold prices in Pakistan have seen significant fluctuations.

On Wednesday, gold price per tola plunged by Rs900, clocking in at Rs240,600 in Pakistan.

In international market, the rate was at $2,304 per ounce (with a premium of $20) after it lost $9 during the day.