Karachi: The price of gold in Pakistan surged to an all-time high of Rs292,200 per tola on Saturday due to strong demand and rising global rates.
According to data from the Saraffa Association, the price of gold continued its upward trend in both local and international markets, marking another increase on the last working day of the week.
With a single-day jump of Rs400 per tola, the new price now stands at Rs292,200. Similarly, 10-gram gold saw an increase of Rs343, bringing its price to Rs250,514.
Latest Gold Prices in Pakistan
| Gold Type | Price Change | New Price |
|---|---|---|
| Per Tola (24K) | Rs400 | Rs292,200 |
| Per 10 Grams (24K) | Rs343 | Rs250,514 |
This latest rise follows a Rs1,500 jump on Friday, when the price of gold hit its previous record of Rs291,800 per tola.
On the global market, gold prices are also climbing, with the price per ounce reaching $2,797.
Gold Price Trend in Pakistan Last Week
| Date | 24K Gold Price Per Tola |
|---|---|
| 30-Jan | Rs290,300 |
| 29-Jan | Rs288,700 |
| 28-Jan | Rs286,400 |
| 27-Jan | Rs289,100 |
| 25-Jan | Rs289,400 |
| 24-Jan | Rs289,600 |
| 23-Jan | Rs286,700 |
Gold prices in Pakistan are closely linked to international market trends and the exchange rate of the US dollar. With ongoing fluctuations, investors and traders are keeping a close eye on the market for further developments.