Gold prices in Pakistan surged sharply on Monday, with the price of 24-karat gold rising by Rs13,300 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association.
The new price of 24-karat gold per tola stands at Rs563,862, up from Rs550,562.
Updated Gold Rates
24K gold (per 10 grams):
Increased by Rs11,402 to Rs483,420
22K gold (per 10 grams):
Rose by Rs10,453 to Rs443,151
Silver Prices Also Rise
Silver (per tola):
Up Rs188 to Rs10,050
Silver (per 10 grams):
Increased by Rs161 to Rs8,616
International Market Impact
The surge in domestic prices follows gains in the international market, where gold climbed by $133 to $5,411 per ounce, while silver rose by $1.88 to $95.66 per ounce.
Analysts attribute the rally to global economic uncertainty and heightened geopolitical tensions, which typically drive investors toward safe-haven assets like gold.
