KARACHI – Gold rates in Pakistan saw huge increase in a single day, as rates touched a historic high amid global market pressure and currency fluctuations. With single day hike of Rs10,000, price of per tola now stands at Rs338,800.
Data shared by Saraffa Association shows price of gold per tola soared to Rs338,800, marking the highest-ever recorded rate in the country. The 10-gram gold rate also rose sharply to Rs290,466.
Today Gold Rates
Gold | New Price | Change |
Per Tola | Rs338,800 | ▲ Rs10,000 |
10 Grams | Rs290,466 | ▲ 8573 |
Gold Rates in Pakistan This Week
Dates | 24K Gold |
9-April | Rs321,000 |
8-April | Rs318,000 |
5-April | Rs320,000 |
3-April | Rs325,500 |
29-March | Rs325,000 |
28-March | Rs323,380 |
27-March | Rs321,000 |
This significant jump comes as the international gold price increased by over $100, reaching around $2,318 per ounce, contributing to the local hike in prices.
Analysts attribute the spike to the strengthening of international gold markets, a weaker Pakistani rupee, and ongoing economic uncertainty, which has pushed investors towards safe-haven assets like gold.
Further volatility in prices is expected in the coming days if international trends persist.
Gold price makes history in Pakistan with all time high of Rs328,800