Gold Prices Up By Rs1,100 Per Tola Across Pakistan
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✧ GENERATE BRIEFING
Domestic gold prices in Pakistan maintained their upward momentum on Saturday, advancing by Rs1,100 per tola to settle at Rs442,036, driven by a sustained rally in the international bullion market. Data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) confirmed that 24-karat gold rose from Friday's closing rate of Rs440,936 per tola, while the 10-gram price increased by Rs943 to reach Rs378,974.The local price hike follows Friday's surge of Rs5,900 per tola, effectively offsetting mid-week dips. In the international market, spot gold gained $11 per ounce to trade at $4,195, touching a one-week high as investors took advantage of earlier price drops. The global recovery was further underpinned by a softening US dollar and easing Treasury yields, despite lingering market speculation around the Federal Reserve’s upcoming interest rate trajectory. In tandem with gold, local silver prices also registered gains, rising by Rs43 per tola to reach Rs6,555.
Gold prices in Pakistan increased by Rs1,100 per tola on Saturday, taking the price to Rs442,036 as gains in the international bullion market supported local rates.
According to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 24-karat gold was priced at Rs442,036 per tola, compared with Rs440,936 on Friday.
The price of 10-gram gold also increased by Rs943 to reach Rs378,974.
In the international market, gold gained $11 per ounce to reach $4,195, contributing to the increase in domestic prices.
The latest rise followed Friday’s sharp increase, when local gold prices gained Rs5,900 per tola. The consecutive gains have lifted the domestic price after earlier declines during the week.
Domestic Silver Rates and Market Movement
Silver prices also moved higher in the local market. The price of silver increased by Rs43 per tola to Rs6,555 on Saturday.
International Bullion Trends
Globally, gold prices climbed to a one-week high on Friday as investors bought the metal following an earlier decline. A softer US dollar and easing Treasury yields supported the recovery, although expectations about the Federal Reserve’s interest-rate decisions continued to influence market sentiment.
