On Friday, the price of gold in Pakistan experienced a significant increase, rising by Rs. 2,200 per tola, reaching its highest point in over two months.

According to data from the All-Pakistan Gems and Jewellers Association (APGJA), the price of 24-carat gold reached Rs. 216,500 per tola, with a 10-gram increment of Rs. 1,886 to Rs. 185,614. This marks the first time since September 12 that the gold price has surpassed the Rs. 216,000 mark.

Also Read: Gold Prices in Pakistan Surge by Rs. 1,500 per Tola

Earlier in the week, the precious metal’s price had increased by Rs. 3,800 per tola before a Rs. 500 per tola decrease.

Overall, gold prices have risen by Rs. 5,500 per tola during the week so far. In the international market, spot gold was up 0.2 percent at $1,984.26 per ounce, as of 0059 GMT, while US gold futures remained steady at $1,987.