The local bullion market witnessed a recovery as gold prices in Pakistan bounced back, following an upward trajectory in the international market.
This comes after two consecutive days of significant losses earlier in the week.
Current Gold Rates (24-Karat)
According to the latest data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the prices for 24-karat gold have settled as follows:
| Unit | Current Rate (Wednesday Close) | Increase |
| Per Tola | Rs 516,062 | + Rs 1,300 |
| 10 Grams | Rs 442,439 | + Rs 1,114 |
For 22-karat gold, which is commonly used in jewelry, the price per 10 grams rose by Rs 1,021, reaching Rs 405,583.
Volatile Week for Bullion
The recent hike offers a breather for traders after a turbulent start to the week. Here is a look at the price movement over the last few trading sessions.
- Monday: Prices dropped by Rs 3,200 per tola to settle at Rs 523,762.
- Tuesday: A massive decline of Rs 9,000 per tola brought the rate down to Rs 514,762.
- Wednesday: The market regained Rs 1,300, pushing the price back up to Rs 516,062.
Silver Prices
Mirroring the yellow metal’s trend, silver also saw a modest increase in the domestic market.
- Per Tola Silver: Increased by Rs 32, settling at Rs 8,046.
- 10 Grams Silver: Rose by Rs 28, reaching Rs 6,898.
