Gold price in Pakistan increases by 2,200 per tola

Gold prices have experienced a steady increase in both global and local markets, continuing their upward trend over the weekend, Express News reported.

During Saturday's trading in the international bullion market, the price of gold rose by $22, reaching $2,715 per ounce. This global surge has had a direct impact on local markets in Pakistan, with the price of gold per tola increasing by Rs. 2,200.

As a result, the price of gold in local jewellers' markets has reached Rs. 282,700 per tola. Similarly, the price of 10 grams of gold has risen by Rs. 1,857, bringing it to Rs. 242,370.

The continuous rise in gold prices is attributed to various global economic factors, with analysts predicting that this trend could continue if current market conditions persist.