On Wednesday, the price of gold in Pakistan rose by more than Rs. 6,000 per tola, closing at Rs. 206,500 per tola.
The price of 24 carat gold increased by Rs. 6,400 per tola to Rs. 206,600, while the price of 10 kilos increased by Rs. 5,487 to close at Rs. 177,040, according to figures issued by the All-Pakistan Gems and Jewellers Association (APGJA).
Read More: Gold Prices in Pakistan Officially Announced After Almost a Month
It is important to note that on Tuesday, the nation’s gold dealers did not formally announce the price of gold. The price of gold dropped by Rs. 100 per tola on Monday, the first day of the week.
Following an almost month-long hiatus, the official price of the precious metal was disclosed last week. The price of a tola of gold has increased from Rs. 199,500 to Rs. 7,000 since last Tuesday.
By 11:31 GMT, spot gold was up 1.1 percent on the foreign market to $1,944.90 per ounce, while US gold futures were up 1.2 percent to $1,958.90.
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