Gold prices in Pakistan rose sharply on Tuesday, following gains in the international market, reflecting increased demand and strengthening global rates.
In the local market, the price of gold per tola reached Rs514,362 after a single-day increase of Rs24,000, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Similarly, 10-gram gold was sold at Rs440,982 after rising by Rs20,576, signaling a continuation of the bullish trend observed in domestic trading sessions.
On Monday, gold per tola had stood at Rs490,362, declining by Rs21,500 during the day, as the yellow metal experienced fluctuations in local market conditions.
Read More: Gold Prices Fall Sharply in Pakistan
Over the previous three sessions, gold had lost Rs85,500 per tola, showing volatility before the sharp rebound observed on Tuesday in line with international trends.
Internationally, gold prices gained $240 on Tuesday, reaching $4,916 per ounce, with a $20 premium added, reflecting steady upward movement in global markets.
Meanwhile, silver prices also rose, increasing by Rs741 to reach Rs9,146 per tola, as precious metals recorded gains in both local and international trading.
