Gold prices in Pakistan saw a slight increase, ending the recent downward trend as international markets showed recovery.
According to the All Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola increased by Rs1,000, bringing the new rate to Rs523,762.
Similarly, the price of 10 grams of gold rose by Rs857, reaching Rs449,041 in local markets.
📊 International Market Impact
The increase in local prices follows a rise in the global market, where gold prices went up by $10 per ounce, reaching $5,010 per ounce.
🥈 Silver Prices Also Increase
Silver prices also recorded an upward trend. The price per tola increased by Rs128, reaching Rs8,569.
📌 Market Trend
Just a day earlier, gold prices had dropped significantly, but this latest increase indicates a short-term recovery in the market. Analysts say global economic factors and investor sentiment continue to influence gold rates in Pakistan.