Gold Rates Unchanged, Silver Sees Slight Rise in Local Market
Gold prices remained firm across major Pakistani cities, showing no change from the previous day. According to local market data, the price of gold per tola stood at Rs357,600, while 10 grams were priced at Rs306,584.
Uniform rates were reported in Karachi, Lahore, Islamabad, Peshawar, and Quetta, with no fluctuations observed across these regions.
However, the silver market witnessed a slight increase. The rate for silver per tola rose by Rs48, reaching Rs4,012. This increase was noted across all major cities.
Read More: Silver and Gold Prices Jump Amid Global Economic Uncertainty
On the global front, gold prices experienced a rise of $25 per ounce, bringing the international rate to $3,351 per ounce. Analysts suggest that this upward trend reflects strong investor demand amid global economic uncertainty, with many opting for safer investment options such as gold and silver.
| City | Gold (per tola) | Silver (per tola) |
|---|---|---|
| Karachi | Rs357,600 | Rs4,012 |
| Lahore | Rs357,600 | Rs4,012 |
| Islamabad | Rs357,600 | Rs4,012 |
| Peshawar | Rs357,600 | Rs4,012 |
| Quetta | Rs357,600 | Rs4,012 |
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