Gold prices in Pakistan have seen a noticeable spike today, making headlines in the financial world. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the rate of 24-karat gold per tola has jumped by Rs. 1,400, bringing the new price to Rs. 349,300.
For those who buy gold in grams, the price of 10 grams of 24-karat gold has increased by Rs. 1,200, reaching Rs. 299,468.
Global Gold Market Trends Also Reflect an Increase
It’s not just the local market reacting—international gold prices have also climbed. The global rate for gold rose by $14 per ounce, now sitting at $2,309 per ounce.
This surge in prices both locally and internationally suggests a consistent demand for gold as a safe-haven asset amid global economic shifts.
Summary of Gold Prices (As of Today):
Type | Increase | New Price |
---|---|---|
Per Tola (24K Gold) | Rs. 1,400 | Rs. 349,300 |
10 Grams (24K Gold) | Rs. 1,200 | Rs. 299,468 |
Global Price (1 oz) | $14 | $2,309 |
What It Means for Buyers and Investors
If you’re planning to buy gold for weddings, gifts, or investment, now might be a good time to rethink your timing. Prices are on the rise, and this may continue if international trends follow the same trajectory. On the flip side, if you already own gold, the value of your investment just went up.
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