Gold Prices in Pakistan increased on Monday following a rise in international bullion rates. The price of one tola crossed Rs461,000.
The price of 24-karat gold rose by Rs2,000 per tola. It reached Rs461,936 in the local market.
The price of 10-gram gold also recorded an increase. It rose by Rs1,715 to reach Rs396,035.
The latest increase followed stronger prices in the international bullion market. International gold gained $20 and reached $4,395 per ounce.
A $20 premium was also included in the quoted international rate. Global market movements continue to influence gold prices in Pakistan.
New Gold Rates in Pakistan
| Gold Category | Price | Change |
|---|---|---|
| Gold, 1 Tola | Rs461,936 | +Rs2,000 |
| Gold, 10 Grams | Rs396,035 | +Rs1,715 |
| International Gold | $4,395 | +$20 |
| Silver, 1 Tola | Rs7,029 | +Rs80 |
The increase was also reflected in several local markets. Lahore and Karachi recorded different rates based on market conditions.
In Lahore, the listed buying rate for a piece was Rs455,000. The selling rate stood at Rs454,500.
The buying rate for Pathoor was listed at Rs450,000. Its selling rate was recorded at Rs448,000.
The selling rate for 22-karat gold in Lahore stood at Rs417,083. The 21-karat gold rate reached Rs398,125.
In Karachi, the listed selling rate for gold was Rs454,700. Local rates can vary based on market conditions and trading activity.
The latest rise shows the strong connection between global and domestic bullion markets. Changes in international gold prices often affect rates in Pakistan.
Currency movements and local market conditions can also influence domestic rates. Traders and consumers closely monitor these factors before making purchases.
Silver prices also increased on Monday. The price of one tola rose by Rs80 and reached Rs7,029.
The continued movement in Gold Prices remains important for investors and consumers. Higher international rates can quickly affect the local bullion market.
Market participants are expected to watch global trends closely. Further changes in international bullion prices could influence domestic rates in the coming sessions.
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For now, Gold Prices have moved higher in Pakistan. The latest increase has pushed the price of one tola above Rs461,000.
