Gold Prices Rise Sharply for Second Consecutive Day in Pakistan and Global Markets
KARACHI: Gold prices recorded another sharp increase in Pakistan and the international market for the second consecutive day.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold increased by Rs3,900 per tola on Friday, reaching Rs469,136 per tola.
The price of 10 grams of 24-karat gold rose by Rs3,344 to Rs402,208.
Based on the 24-karat benchmark, the approximate rates are Rs430,041 per tola for 22-karat gold, Rs410,493 for 21-karat gold and Rs351,852 for 18-karat gold.
In the international market, the price of gold increased by $39 per ounce, reaching $4,466 per ounce.
The price of silver also increased, with one tola of silver rising by Rs117 to Rs7,161.
The latest increase marks the second consecutive day of a significant rise in gold prices in both domestic and international markets.
