Key Points
- Gold price per tola rises by Rs 2,200 to Rs 455,762
- 10-gram gold advances Rs 1,800 to Rs 390,742
- International gold jumps $22 to $4,334 per ounce
- Silver gains Rs 78 to Rs 6,900 per tola
ISLAMABAD: Gold prices in Pakistan extended gains on Thursday, tracking a fresh uptick in the international bullion market, with the per tola rate increasing by Rs 2,200 during the day.
In the domestic market, gold per tola settled at Rs 455,762, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. The price of 10-gram gold rose by Rs 1,800 to Rs 390,742.
A day earlier, gold per tola had closed at Rs 453,562 after posting a strong single-day increase of Rs 2,700, reflecting heightened investor interest amid global uncertainty.
In the international market, gold prices climbed by $22 to reach $4,334 per ounce, inclusive of a $20 premium, as investors continued to seek investor-haven assets amid shifting expectations around global monetary policy and geopolitical developments.
Market analysts said sustained firmness in international bullion prices has kept local gold rates elevated, with domestic pricing also influenced by currency movements and import-related costs.
Silver prices also moved higher in the local market. The price of silver per tola increased by Rs 78 to reach Rs 6,900, dealers said, mirroring the positive sentiment seen across precious metals.
