Gold prices in Pakistan rose on Monday, according to updated data.
The cost of gold per gram increased to PKR 30,339.04, up from PKR 30,307.76 recorded on Friday. This reflects a modest but steady rise in the local market.
The price for one tola of gold also saw an upward shift. It climbed to PKR 353,868.70, compared to PKR 353,503.70 on the previous trading day. Similarly, the rate for 10 grams reached PKR 303,390.40, while a troy ounce of gold now stands at PKR 943,650.50.
This increase follows the recent global trend of rising gold prices. International market movements, along with fluctuations in the USD/PKR exchange rate, directly affect local gold rates. These values serve as a benchmark and may differ slightly from local market prices due to regional pricing practices and supply-demand factors.
Gold has remained a popular investment option in Pakistan. Economic uncertainty and inflation often drive demand for precious metals. Even small daily price changes can influence buying decisions for both investors and jewelers.
Monday’s upward trend highlights the importance of regularly tracking gold rates. With the current increase, buyers may consider purchasing before further price hikes, while sellers may take advantage of the rising market.
For those planning to invest in gold or trade in the local market, it is essential to stay informed.
Please note that prices shown are for reference only. Actual rates in local gold markets may vary slightly.This rise follows a brief decline reported on July 26. Read more: Gold Rates Drop in Pakistan Amid Global Market Decline
