Karachi: As the likelihood of a decrease in US interest rates diminished, gold prices in Pakistan continued to increase. On Wednesday, the price of gold increased by Rs 1,300 per tola, reaching Rs 278,300, as reported by the All Pakistan Gems and Jewellers Association.
Similarly, the rate for 10 grammes of gold increased by Rs 1,114, resulting in a total of Rs 238,597.
In the international market, gold prices also experienced an increase, rising by $13 to conclude at $2,635 per ounce, which is indicative of the broader global trend.
It is important to underscore that gold prices in Pakistan have increased by Rs 2,000 per tola in the past two days, indicating robust demand from both domestic and international markets in the face of economic uncertainty.
