Gold rate in Pakistan maintained their bullish momentum on the first business day of the week, with both gold and silver prices rising further.
According to the latest data from the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola increased by Rs. 2,600, reaching a new high of Rs. 45,862.
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In line with the trend, 24-karat gold per 10 grams rose by Rs. 2,229 to Rs. 389,970, while 22-karat gold per 10 grams advanced by Rs. 2,043, closing at Rs. 357,485.
The positive trend was mirrored internationally, with the global gold price per ounce gaining $26 to trade at $4,325.
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Silver prices also moved higher. Domestically, silver per tola (24Kt) climbed by Rs. 68 to Rs. 6,532, and silver per 10 grams increased by Rs. 59, settling at Rs. 5,600.
On the international front, the silver price per ounce edged up by $0.68 to $62.60.
The Association reiterated that local bullion rates are calculated based on interbank exchange rates to ensure alignment with global markets. The listed prices are for a purity of 999.1 (24K).
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Market analysts noted that the sustained buying pressure indicates that the factors driving last week’s historic surge – such as heightened safe-haven demand, currency concerns, and geopolitical tensions – remain in play, supporting elevated price levels.
On the last business day of the week, Gold rates in Pakistan witnessed an unprecedented rally, with gold prices exploding by over Rs 10,000 per tola in a historic single-day surge, driven by a massive spike in the international market.
According to data from the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola skyrocketed by an astonishing Rs. 10,700, closing at a new high of Rs. 454,262.