The price of gold in Pakistan and globally witnessed a major rise on Monday, taking the rate of the yellow metal to an all-time high.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold increased by a massive Rs7,700 per tola, reaching Rs480,962, as global rates rose amid steady investor demand.
The price of 10 grams of gold also climbed by Rs6,602 to Rs412,347, according to the APSGJA.
Also Read: Gold, silver rates rise across Pakistan - Jan 10, 2025
The price of 10g of 22-karat gold increased by Rs6,052 to reach Rs377,998.
In the international market, gold prices increased by $77 per ounce to settle at $4,586. The uptick reflects sustained global interest in precious metals amid economic uncertainty and shifting currency trends.
Silver followed a similar trajectory, with the price per tola of 24-karat silver rising by Rs430 to Rs8,895. The price of 10 grammes of 24k silver hiked by Rs369 to be sold for Rs7,626.
