Gold price jumps in Pakistan as global market strengthens
Traders say surge follows strong momentum as investor demand remains elevated amid economic uncertainties
Photo: Reuters/ File
Gold prices in Pakistan surged sharply on Saturday, tracking gains in the international market where rates rose by $41 per ounce to $3,371.
In the local bullion markets, the price of 24-carat gold jumped by Rs4,100 per tola, reaching Rs359,800. The 10-gram price also increased by Rs3,222 to Rs308,470.
Similarly, silver prices rose significantly, with per tola rates climbing by Rs108 to Rs4,121, while the 10-gram price advanced by Rs93 to Rs3,533.
Traders said the surge followed strong momentum in the global bullion market, where investor demand remains elevated amid economic uncertainties.