KARACHI: Gold prices witnessed a significant surge on Wednesday, impacting both international and Pakistani markets.
The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) reported that the price of 24-karat gold rose sharply by Rs7,900 per tola, reaching Rs431,562, driven by growing global market rates and consistent investor demand.
Similarly, the price of 10 grams of gold increased by Rs6,773, settling at Rs369,994, as per APSGJA reports.
On the international front, gold experienced a $79 hike per ounce, closing at $4,092. This rise reflects persistent worldwide interest in precious metals amid economic uncertainties and fluctuating currency dynamics.
Silver prices also saw an upward shift, with an increase of Rs177 per tola, reaching Rs5,422.
