The price of gold in Pakistan went up a lot on Saturday, reaching a new high. This happened because people see gold as a safe choice when there’s a lot of tension between countries, like what’s happening right now. In Pakistan, the price of gold per tola was Rs252,200 after going up by Rs1,500 in just one day.
The price of 10 grams of gold in Pakistan was Rs216,221 after going up by Rs1,286, as per the rates provided by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On the previous day, Friday, the price of gold per tola was Rs250,700.
This month, the price of gold has been going up a lot because of tensions in the Middle East and because central banks are buying more gold as a safe investment.
Gold Shines Bright: Reaches Record High of Rs251,900 per Tola in Pakistan
On Saturday, the global price of gold went up, according to APGJSA. It was set at $2,411 per ounce, with an extra $20 added as a premium, after going up by $11 during the day.
At the same time, the price of silver stayed the same at Rs2,780 per tola.
