The price of gold in Pakistan once again saw an increasing trend on Thursday.
The All-Pakistan Gems and Jewellers Sarafa Association reported that the price of 24-karat gold per tola increased by Rs1,200, bringing it to Rs246,800.
The price of 10-gram 24-karat gold also experienced an upward trend, rising by Rs1,029 to reach Rs211,591. The price of 10 grammes of 22-karat gold on Thursday remained Rs193,959.
Also Read: Gold rate in Pakistan increases once again
The international gold market also showed an increasing trend. According to APGJSA, the global rate stood at $2,382 per ounce, marking a $10 decrease during the trading day.
Silver prices in the local market, however, remained stable at Rs2,900 per tola.
Market analysts attribute the rise in gold prices to various factors, including fluctuations in the international market, currency exchange rates, and economic conditions. The continued increase in gold prices may influence investment decisions and consumer behaviour in the coming days.
