Price of yellow metal reaches Rs410,278 per tola
Karachi: Gold prices in Pakistan continued to mount on Wednesday, in line with their increase in the international rates. The price of yellow metal reached Rs410,278 per tola after a single-day rise of Rs3,500.
According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs351,747 after it registered an increase of Rs3,001.
On Tuesday, gold price per tola reached Rs406,778 after a gain of Rs3,178 during the day.
The international rate of gold also increased by $35 to settle at $3,890 per ounce. Internationally, gold prices surged to a record high on Wednesday, driven by investor demand for safe-haven assets after the official start of the US government shutdown and as soft labour data bolstered expectations of Federal Reserve rate cuts.
Pakistan won’t allow use of neighboring territory to destabilize peace: President
- 20 hours ago
Trump’s Iran war is uniting a strange new anti-war alliance
- 10 hours ago
Pentagon says Iran will not be ‘endless war’
- 21 hours ago
Hockey World Cup Qualifier: Pakistan beat Malaysia to reach semi-finals
- 19 hours ago
Bloodbath at PSX as KSE-100 plummets over record 16,000 points
- a day ago
67 Afghan Taliban operatives killed in latest repulsive attacks: Tarar
- an hour ago
What does “America First” even mean anymore?
- 35 minutes ago
Ultrahuman’s new flagship smart ring has a 15-day battery life
- 3 hours ago
Pakistan's Cyber Force launches retaliatory attack on India with slogans of Pakistan Zindabad
- a day ago
Meet the toymaker who helped take down Trump’s tariffs
- 10 hours ago
US Marines fired on protesters storming consulate in Karachi, officials say: Reuters
- an hour ago
Pakistan Army destroys ammunition depot of Fitna-al-Khwarij, Afghan Taliban in Khost
- a day ago
