Gold Price in Pakistan Today: Significant Increase Reported
The price of gold in Pakistan continues to rise as rates surged again today. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold per tola increased by Rs. 1,200, reaching Rs. 377,900. Observers highlight that the upward trend is influenced by both local market demand and global price movements.
Key Details of Gold Price Increase
| Details | Information |
|---|---|
| Increase per Tola | Rs. 1,200 |
| New Gold Rate per Tola | Rs. 377,900 |
| Increase per 10 Grams | Rs. 1,029 |
| New Rate per 10 Grams | Rs. 323,988 |
| Global Gold Price Change | +$12 per ounce |
| Global Gold Price Now | $3,552 per ounce |
| Source | APSGJA Reports |
Local Gold Price in Pakistan
According to APSGJA, gold prices in the local market surged due to both rising international rates and domestic demand. Guardians of the gold trade industry caution that continuous increases may affect jewelry demand and consumer purchasing power.
International Gold Price Trend
In the global market, the price of gold rose by $12, reaching $3,552 per ounce. Observers believe that economic uncertainties and rising inflation worldwide are pushing investors toward safe-haven assets like gold.
Important Points
- Gold price per tola increased by Rs. 1,200 in Pakistan
- Current price per tola stands at Rs. 377,900
- Price of 10 grams rose by Rs. 1,029, now at Rs. 323,988
- In the international market, gold reached $3,552 per ounce
- Observers and guardians suggest that further increases may impact local jewelry sales
FAQs
Q1: How much did the gold price increase in Pakistan today?
The gold price increased by Rs. 1,200 per tola.
Q2: What is the new gold rate per tola in Pakistan?
The new rate is Rs. 377,900 per tola.
Q3: What is the price of 10 grams of gold now?
The price of 10 grams is Rs. 323,988 after a rise of Rs. 1,029.
Q4: What is the global gold price today?
In the international market, gold stands at $3,552 per ounce after a $12 increase.
Q5: What factors are causing the gold price hike?
Observers point to international economic uncertainty, inflation, and increased demand as the main reasons.
