After a drop in the first two days of the week, gold prices in Pakistan saw an increase on Wednesday, as the price per tola went up by Rs 600.
Local Market Gold Prices Update
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-carat gold increased by:
- Rs 600 per tola, bringing the total to Rs 275,500.
- The price for 10 grams of gold also rose by Rs 515, reaching Rs 236,197.
Previous Day’s Drop
- On Tuesday, the price of gold in the local market had dropped by Rs 600 per tola, showing some fluctuation in the market.
Global Gold Market Trends
Meanwhile, in the international market, the price of spot gold saw a slight decrease:
- Spot gold was down 0.4%, sitting at $2,652.62 per ounce.
The increase in local prices, despite the global market’s dip, reflects the specific demand and economic conditions within Pakistan.
This price fluctuation is important for investors and buyers, as gold remains a key asset in Pakistan’s economy.