KARACHI – Gold prices saw another hike in Pakistan on May 13 Tuesday a day after big drop in bullion prices, and now per tola rates hover around Rs344,200.
Data shared by Sarafa Association shows gold prices rebounded sharply in both international and domestic markets, reaching new highs. On Tuesdya, the price of gold per tola jumped by Rs3,700 to Rs344,200. Similarly, the price of 10 grams of gold increased by Rs. 3,173, reaching Rs. 295,096.
In the international bullion market, the price of gold per ounce surged by $37, settling at $3,258. This significant increase reflects renewed investor interest in the precious metal amid ongoing global economic uncertainty.
Today Gold Rates
| Gold | Increase | New Price |
| Per Tola | Rs. 3,700 | Rs. 344,200 |
| Per 10 Grams | Rs. 3,173 | Rs. 295,096 |
| Per Ounce | $37 | $3,258 |
Market analysts attribute the rise in gold prices to a combination of factors, including fluctuating currency rates, inflation concerns, and increased demand for safe-haven assets.
Gold Price in Pakistan This week
| Dates | Price |
| 10-May | Rs350,900 |
| 9-May | Rs350,900 |
| 8-May | Rs352,700 |
| 7-May | Rs356,900 |
| 6-May | Rs356,100 |
| 5-May | Rs350,000 |
| 3-May | Rs342,200 |
Gold traders expect the trend to continue if current economic conditions persist, urging investors to monitor the market closely for further developments.
After record peak, gold prices in Pakistan decrease massively
