Tag: Highest gold price

  • Gold price surges by Rs4,000 in two days, now at Rs272,500 per tola

    Gold price surges by Rs4,000 in two days, now at Rs272,500 per tola

    Gold prices in Pakistan continued to climb on Saturday, after increasing in the international markets.

    The price of gold in the local bullion market rose by Rs500 per tola, reaching a level never witnessed in the country’s history.

    According to All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of the precious metal was recorded at Rs272,500, breaking Friday’s record.

    It is worth noting that the last highest price of gold was recorded yesterday, when yellow metal’s rate was quoted by gold dealers at Rs272,000 per tola. Gold prices earlier witnessed a massive rise of Rs3,500 per tola on the previous trading day.

    Furthermore, the price for 10 grammes of gold also increased today, witnessing a surge of Rs429 and closing the day at Rs233,625.

    Considering international market, gold prices jumped further, with the APGJSA reporting the rate at $2,622 per ounce. This rate includes a $20 premium.

    Globally, the gold rate witnessed a hike of $10 during the day.

    Once more, silver prices were seen unchanged at Rs2,950 for one tola.

  • Highest price in Pakistan’s history: Gold rate climbs to Rs268,000 per tola

    Highest price in Pakistan’s history: Gold rate climbs to Rs268,000 per tola

    24-karat gold price, on first trading day of the week, resumed its record high run and surged by Rs1,700 per tola after an increase in global bullion rates.

    The recent surge in yellow metal’s price has pushed the gold rate to Rs268,000 per tola, which is the highest price ever recorded for the precious metal in the history of Pakistan.

    It is worth noting that in the previous session, gold price in the local market rose by Rs400 per tola and settled the day at Rs266,300 per tola, which was the record high rate at the time for yellow metal in the country.

    On the other hand, the global rate of gold also climbed on Monday as the per ounce price was quoted at $2,587, including a premium of $20, reflecting an increase of $10.

    More to follow..