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Metals: Gold hits a new record in Pakistan

01/10/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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On Wednesday, the price of gold in Pakistan continued to reach new highs, in line with the rise in prices internationals.

On

the local

market, the price of gold per tola has reached 410,278 rupees after an increase of 3,500 rupees in a single day.

padding:0cm; font-weight:normal"> style="font-size:14.0pt; line-height: 107%; font-family: “Bookman Old Style”, serif; border:solid #E5E7EB 1.0pt; mso-border-alt:solid #E5E7EB .25pt; padding:0cm">Based on rates shared by All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10 grams of gold were sold at 351,747 rupees after registering an increase of Rs. 3,001.

Spot gold was up 0.1% to $3,861.99 The ounce, at 03:59 GMT, after reaching an all-time high of 3 875.32 dollars. Internationally, the gold prices reached an all-time high Wednesday, boosted by the demand from investors for safe haven assets after the official start of the closure of the American government and by the weakness of data on employment that reinforced expectations of cuts in Reserve rates federal. American gold futures for delivery in December gained 0.7% to $3,901.40.

The silver price has increased by Rs50 per tola to reach Rs4,826

.
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