In a significant development, gold prices in Pakistan have soared yet again reaching Rs321,000 per tola in local markets.
According to the All Pakistan Gems and Jewelers Association, the gold prices in Pakistan per tola has increased by Rs3,200, while the price of ten grams of gold has increased by Rs2,743.
Following the rise of gold prices in Pakistan, the price of precious metal per tola has increased to Rs321,000 and the price of ten grams of gold has increased to Rs275,205.
In the international bullion market, the price of gold per ounce has increased by $31 and gold has reached $3,052.
Experts have suggested that Pakistan may continue to witness rising gold prices due to increasing international gold rates.
Rising geopolitical uncertainties, including US tariffs on Mexico, Canada and increasing regional tensions in Middle East have led investors to practice precaution. Gold prices in Pakistan have witnessed a surge as price of gold was Rs306,000 per tola on March 11.
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