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Massive increase in gold prices in Pakistan  

Nazir Alam by Nazir Alam
March 29, 2024
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KARACHI: Gold registered significant gains in the domestic market of Pakistan in line with an upward trend in the international market on Friday. 

Data shared by All Pakistan Gems and Jewellers Association showed per tola gold price surged by Rs3,800 to settle at Rs234,800.

Similarly, the price of 10-gram gold increased by Rs3,258 to close at Rs201,303.

In the international market, the precious commodity also witnessed an upward trend as per ounce price surged by $40 to reach $2,254.

Meanwhile, silver also saw an increase in its prices as per tola price went up by Rs20 to settle at Rs2,600 while the price of 10-gram reached Rs2,211.93 after an increase of Rs17.15.

A day earlier, gold price increased by Rs1,500 per tola to close at Rs231,000 while the price of 10 grams was recorded at Rs198,045.

On the other hand, the Pakistani rupee also continued its gains against the US dollar. The dollar lost 23 paisas to fall to Rs277.80 in the interbank market on Friday.

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