The price of gold in Pakistan rose by Rs600 per tola, continuing gains.
Gold prices increase in Pakistan: The price of 24-carat gold in the local market was determined to be Rs222,800 per tola, according to rates provided by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Additionally, the cost of 10 grammes of gold rose by Rs514 to Rs191,015.
The local market’s gold prices rose by Rs. 1,100 per tola on Wednesday.
On Thursday, the price of the precious metal dropped to $1,922 per ounce on the global market.
Silver prices, however, were the same at Rs2,750 a tola.
In Pakistan, gold prices have been erratic since last year due to ongoing political and economic unrest, rising inflation, and a weaker currency. In these conditions, investors prefer to purchase bullion as a secure investment.