Gold prices in Pakistan witnessed a significant rise on Monday, according to the latest interbank-based valuation issued by the All Pakistan Sarafa Gems and Jewellers Association.
The price of 24-karat gold per tola climbed to Rs. 443,762, marking an increase of Rs. 1,600. Similarly, 24-karat 10-gram gold rose to Rs. 380,454, gaining Rs. 1,372. Gold of 22-karat purity also followed the upward trend, reaching Rs. 348,762 with a gain of Rs. 1,258.
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On the global front, international gold prices edged up to $4,214, rising by $16. Silver markets showed moderate increases as well, with 24-karat silver per tola priced at Rs. 6,102 after a rise of Rs. 30, while 10-gram silver reached Rs. 5,231 following a Rs. 26 increase. International silver was reported at $58.30, up by $0.30.
The association stated that these rates are calculated based on the latest interbank exchange rate and purity standard of 999 per mille (24K).
Gold Rate in Pakistan – Gold Price Today Live Updates
The continuous fluctuation in international markets and currency valuation continues to drive domestic bullion pricing.
Last week, the gold price in Pakistan experienced a marked rebound on Friday, recovering much of the losses incurred during previous sessions.
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According to rates released by All Pakistan Sarafa Gems and Jewellers Association, 24-karat gold per tola has increased by Rs. 3,000, closing at a total of Rs 444,462.
According to this trend, 24-karat gold per 10 grams rose by Rs. 2,572, reaching Rs. 381,054, while 22-karat rose by Rs. 2,358 to reach 349,312.