ISLAMABAD: Gold prices in Pakistan rose sharply on Thursday, increasing by Rs8,300 per tola to reach Rs443,062.
10-Gram Gold Rate Also Climbs
The price of 10 grams of gold rose by Rs 7,116, bringing it to Rs 379,854. Analysts attribute the increase to both domestic demand and global price trends.
International Market Impact
In the international market, gold gained $83, pushing the global rate to $4,207 per ounce. This rise influenced local prices, reflecting strong demand in major markets.
Silver Prices Follow Suit
Silver prices also increased, rising by Rs228 per tola to reach Rs5,662, showing a parallel upward trend in precious metals.
Investors are closely watching the market, as geopolitical and economic factors continue to impact the precious metals sector in Pakistan.
