The Gold prices surged for the second consecutive day in Pakistan after a week of fall, as the gold prices went up in the international market.
The price of gold in Pakistan and the global market has significantly increased. According to data released by the All Pakistan Sarafa and Jewellers Association, the price of gold per ounce in the international market has risen by $30, reaching $3,375.
In Pakistan, the price of gold per tola has increased by Rs4,000, bringing it to Rs356,900. Additionally, the price for ten grams has risen by Rs3,430, now totalling Rs3,505,984.
In the global market, silver per tola is $35.87, while in Pakistan, silver is priced at Rs3,745 per tola.
Read also: Gold rates in Pakistan surge again after previous decline – Latest prices & updates
Gold prices in Pakistan witnessed another hike following a brief decline in the local markets. According to the Saraffa Association, the rate of 24-karat gold has increased by Rs. 600 per tola, bringing the price to Rs. 352,900 per tola. Similarly, the price of 10 grams of 24-karat gold has climbed by Rs. 514, reaching Rs. 302,554.
Today’s Gold Prices in Pakistan
| Gold Type | Old Price | Increase | New Price |
|---|---|---|---|
| 24-Karat Gold (Per Tola) | Rs. 352,300 | Rs. 600 | Rs. 352,900 |
| 24-Karat Gold (10 Grams) | Rs. 302,040 | Rs. 514 | Rs. 302,554 |
Gold Prices in Pakistan This Week
| Date | 24K Gold Price |
|---|---|
| 2 June | Rs. 353,100 |
| 31 May | Rs. 347,200 |
| 30 May | Rs. 348,600 |
| 29 May | Rs. 349,300 |
| 28 May | Rs. 349,300 |
| 27 May | Rs. 347,900 |
| 26 May | Rs. 351,500 |
Despite the fluctuations in gold prices, silver rates have remained unchanged. The price of silver per tola stands steady at Rs. 3,745, while 10 grams of silver remains at Rs. 3,210.
Why Are Gold Prices Rising in Pakistan?
The latest surge in gold prices can be attributed to global market trends, currency exchange rates, and investor sentiment. Economic instability, inflation, and geopolitical factors often influence gold prices, making them volatile.
Where to Track Live Gold Rates in Pakistan?
For real-time updates on gold rates in Pakistan, investors and buyers can visit:
- Pakistan Bullion Market Websites
- International Gold Market Trackers
- Local Jewellers & Exchange Rates
Stay tuned for further updates on gold and silver prices, market trends, and economic impacts. If you’re looking to invest or buy, keeping an eye on these fluctuations is crucial!
