Business

Historic high: Gold price increases by Rs300 in Pakistan

Price of gold settles at Rs145,800 per tola and Rs125,000 per 10 grams

Web Desk
June 18, 2022
Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich on November 20, 2014.— Reuters/File
Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich on November 20, 2014.— Reuters/File


The gold price in Pakistan reached a historic high after gaining Rs300 per tola on Saturday.

According to the All Sindh Sarafa and Jewellers Association (ASSJA), the price of gold settled at Rs145,800 per tola.

Meanwhile, the price of the yellow metal increased by Rs258 per 10 grams to settle at Rs125,000. The rates of yellow metal have been rising over the last three days.

A day prior, the price of the precious commodity increased by Rs1,500 and closed atRs145,500 per tola.

However, in the international market, the price of gold decreased by $6 per ounce to close at $1,840.

Meanwhile, the silver pricesin the domestic market did not witness an increase and remained at Rs1,560 per tola. Silver’s per 10 grams rate stood at Rs1,337.44.


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