PTBP Web Desk

Gold prices in Pakistan increased on Friday, tracking gains in the international bullion market and reflecting continued volatility in global precious metal rates.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola in the local market rose to Rs493,162 after an increase of Rs2,300 during the trading session.

Similarly, the price of 10-gram gold climbed to Rs422,806, marking an increase of Rs1,971 compared to the previous day’s rates. The upward movement highlights ongoing sensitivity in domestic gold pricing to global market trends.

Earlier in the day, gold had briefly dipped, with the per tola price falling to Rs490,862 after a decline of Rs2,900. However, the market quickly reversed direction as international prices strengthened.

International Gold Market Influence

In the global market, gold prices increased by $23 per ounce, reaching $4,708. This rate includes a premium of $20, reflecting demand pressures and global economic uncertainty influencing bullion markets.

The rise in international prices continues to play a key role in shaping Pakistan’s local gold rates, as domestic markets closely follow global benchmarks.

Silver Prices Also Move Upward

Alongside gold, silver prices also recorded an increase in the local market. The price of silver rose by Rs92 per tola, reaching Rs8,049. The increase reflects broader strength in precious metals, driven by investor demand and global commodity trends.