Gold price surges Rs4,700 per tola in Pakistan
Gold prices in Pakistan surged again as 24K tolas jumped Rs 4,700 to Rs 429,236, with 10 grams up by Rs 4,029 to Rs 368,000, following a prior day’s Rs 300 rise. The gains aligned with a rally in international gold, which climbed $47 per ounce to about $4,068, including a $20 premium. Silver also rose, with the tola price up Rs 219 to Rs 6,396. Market observers cited continued support from safe-haven demand amid geopolitical developments and the global inflation backdrop, with traders watching U.S.-Iran tensions and potential implications for rates. The APGJSA/APGJSA-compiled data from Pakistan’s gems and jewellers associations remained the reference for domestic pricing. Overall, bulls appeared to be driving prices toward the $4,000-per-ounce mark as investors monitor energy prices and monetary policy signals.
Ask this story anything
How it spread
Claim check
What each side asserts, disputes — or leaves out entirely.
Analyzing the coverage…
Where do you land?
Whose framing of this story rings truest to you?
