Gold prices in Pakistan break yet another record on Tuesday

Per tola price surges by Rs1,100 to reach Rs273,000

Gold prices in Pakistan saw a significant rise on Tuesday, in line with the increase in international markets. 

The price of gold per tola surged by Rs1,100, reaching a new record high of Rs273,000, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Similarly, the price of 10-gram gold increased by Rs943, reaching Rs234,053. This follows a drop in gold prices on Monday, when the rate had decreased by Rs600, settling at Rs271,900 per tola.

Internationally, the price of gold also saw an uptick, with the rate reaching $2,628 per ounce, including a $20 premium. This marks a gain of $11 during the day, according to the APGJSA.

Silver prices, however, remained stable in the local market at Rs2,950 per tola.

Saturday had previously seen a record high for gold at Rs272,500 per tola, but Tuesday’s increase has now set a new benchmark for gold prices in Pakistan.