On Wednesday, Pakistan’s gold price skyrocketed, mirroring worldwide market movements.
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) released data showing that the price of 24-karat gold per tola increased by Rs2,300 in the local market, reaching its highest level ever at Rs288,700.
The price of 10 grams of 24-karat gold also went up by Rs1,972, to Rs247,513.
On Wednesday, the price of gold increased by $22 on the global market as well, reaching $2,763 per ounce with a $20 premium.
Silver prices in the local market increased by Rs28 to Rs3,391 per tola.
