Gold price in Pakistan and global markets rises by Rs 4,643 per tola in local as well as in the global bullion market, reaching the prices of 12 grams of Gold to 442636 rupees.
There is a continuous trend of an increase in gold prices in Pakistan and global markets. A big increase of Rs 4,643 per tola was recorded in local bullion markets today.
According to the All Pakistan Gems and Jewelers Association, after the increase, the new price of gold per tola in the country has reached Rs 4,42,636. Earlier, gold was being sold for Rs 4,37,993 per tola. Similarly, the price of 10 grams of gold has also increased by Rs 4,179. 10 grams of 24 karat gold has now become Rs 3,78,345. While the price of 10 grams of 22-carat gold has reached Rs 3,47,083. Impact of the global market:
Sarafa dealers say that this increase in prices in the local market has occurred due to the increase in gold rates in the global market.
Due to fluctuations in the value of the dollar and global economic uncertainty, investors are considering gold as a safe investment, resulting in both demand and price increasing. According to experts, if the global gold price continues to rise, further increases are expected in the local market as well.
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