Gold prices in Pakistan saw an uptick for the fourth consecutive session on Saturday.
The All-Pakistan Gems and Jewellers Sarafa Association reported that the price of 24-karat gold per tola surged by Rs2,000, bringing it to Rs246,400.
The price of 10-gram 24-karat gold also experienced an upward trend, rising by Rs1,740 to reach Rs211,247. This follows a previous increase on Thursday, when the per tola price rose by Rs944.
The price of 10 grammes of 22-karat gold on Saturday remained Rs193,644.
Also Read: Major increase in gold price in Pakistan
The international gold market also showed gains on Friday. According to APGJSA, the global rate stood at $2,388 per ounce, marking a $24 increase during the trading day.
Silver prices in the local market also saw a major increase of Rs50, taking the price of 24 karats of the metal to Rs2,900 per tola.
Market analysts attribute the rise in gold prices to various factors, including fluctuations in the international market, currency exchange rates, and economic conditions. The continued increase in gold prices may influence investment decisions and consumer behavior in the coming days.
