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Gold price records another big increase today

The price of gold saw a significant surge in both global and Pakistani markets on Monday after a slight drop in the last session.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold increased by Rs2,600 per tola, reaching Rs454,862, as global rates rose amid steady investor demand.

The price of 10 grams of gold also climbed by Rs2,229 to Rs389,970, according to the APSGJA.

Also Read: Gold price in Pakistan drops after record surge

The price of 10g of 22-karat gold increased by Rs2,043 to reach Rs357,485.

In the international market, gold prices increased by $26 per ounce to settle at $4,325. The uptick reflects sustained global interest in precious metals amid economic uncertainty and shifting currency trends.

Silver followed a similar trajectory, with the price per tola of 24-karat silver rising by Rs68 to Rs6,532. The price of 10 grammes of 24k silver hiked by Rs59 to be sold for Rs5,600.

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