Gold Rate in Pakistan Rises Again on Business Week Day

Gold rate in Pakistan increased again on the second day of the business week.

The local bullion market recorded another rise in gold prices. Traders reported strong upward movement.

All Pakistan Sarafa Gems and Jewellers Association confirmed the new rates. The price of gold per tola increased by Rs1,500. The new rate reached Rs526,262 per tola.

Similarly, the price of 10 grams of gold also went up. It increased by Rs1,286. The new price settled at Rs451,184.

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Gold prices already showed a sharp rise a day earlier. The per tola rate had jumped by Rs5,300 in the previous session.

Market analysts linked the increase to ongoing trends in the bullion market. Buyers and investors continued to monitor price movements closely.

The latest hike shows continued pressure in the precious metals market, as the Gold rate in Pakistan maintains its upward trend.