Gold prices in Pakistan skyrocketed on Monday, breaching the historic Rs. 400,000 per tola mark amid strong global trends.
According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold surged by Rs. 5,900 in a single day, settling at Rs. 403,600 per tola in the local market.
Latest Price Breakdown
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24K Gold (per tola): Rs. 403,600 (+Rs. 5,900)
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24K Gold (10 grams): Rs. 346,021 (+Rs. 5,058)
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22K Gold (10 grams): Rs. 317,197
Silver also followed the bullish trend:
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24K Silver (per tola): Rs. 4,792 (+Rs. 88)
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24K Silver (10 grams): Rs. 4,108 (+Rs. 76)
International Market Influence
On the global front, the international gold price rose by $59 per ounce, reaching $3,818 (including a $20 premium). This surge in international rates directly contributed to the record-breaking prices in Pakistan’s bullion market.
With this milestone, gold continues to strengthen its position as a safe-haven asset, reflecting both global investor demand and local currency fluctuations.
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