Gold prices surge in local and international markets


Listen to article

Gold prices surged in local and international markets on Thursday.

In the international bullion market, gold prices rose by $13 to reach $3,343 per ounce, reflecting a notable surge in value. The impact was immediately felt in the local gold markets of Pakistan.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola in local markets increased by Rs 1,335, reaching Rs 356,000.

The price of 10 grams of gold also rose by Rs 1,144, reaching Rs 305,212.

Similarly, the price of silver per tola increased by Rs 86, reaching Rs 3,850, and the price of 10 grams of silver also climbed by Rs 73, reaching Rs 3,300.

On Wednesday, gold prices in the domestic market rose slightly by Rs 300, settling at Rs 354,665 per tola. The price of 10 grams of gold increased by Rs 258, reaching Rs 304,068.

This modest recovery followed a sharp decline on Tuesday, when gold prices had dropped by Rs 3,800 per tola.


  • Related Posts

    CB refuses to adjourn reserved seats case till Aug

    ISLAMABAD: A constitutional bench (CB) of the Supreme Court on Thursday turned down the request of one of the PTI counsels to defer hearing of the reserved seats case till…

    PTI fumes over ‘unjust’ taxes on ex-FATA

    ISLAMABAD: The PTI on Thursday denounced what it called an “unjust” taxation system imposed on the long-neglected former Federally Administered Tribal Areas (FATA) without fulfilling the promises of peace, development…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    PSX faces profit-taking after two days of gains

    PSX faces profit-taking after two days of gains

    Pacquiao ‘hungry’ for comeback after four-year layoff

    Pacquiao ‘hungry’ for comeback after four-year layoff

    SMEs with product ideas to compete in US

    SMEs with product ideas to compete in US

    PTA chief, envoy discuss digital cooperation

    PTA chief, envoy discuss digital cooperation

    PM’s aide reviews NTC role in trade protection

    PM’s aide reviews NTC role in trade protection

    Credit guarantee for Rs10 billion green funding agreed

    Credit guarantee for Rs10 billion green funding agreed