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Gold price in Pakistan increases by Rs4,000

The price of gold in Pakistan saw a massive hike on Monday, reflecting global market trends, crossing the dreaded Rs300,000 mark once again. 

In the local market, the price of 24-karat gold per tola increased by Rs4,000, settling at the highest ever Rs303,000, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Similarly, the price of 10 grams of 24-karat gold surged by Rs3,429, taking it to Rs259,773.

In the international market also, the price of gold saw a hike of a massive $42 on Monday, reaching $2,903 per ounce with an additional premium of $20.

The price of 24-karat silver in the local market also rose by Rs43, reaching Rs3,373 per tola.

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