Silver City Market Report | Thursday Update
Pakistani gold markets witnessed extraordinary trading activity today as precious metal prices soared to unprecedented levels, mirroring a robust upward trend in international bullion markets.
Market Highlights
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported remarkable gains across the board:
Per Tola Gold: Rs. 442,800
Daily increase: Rs. 1,900
10-Gram Gold: Rs. 379,629
Daily increase: Rs. 1,629
This dramatic uptick represents a sharp reversal from Wednesday’s trading session, which saw gold prices tumble by Rs. 4,578 per tola, closing at Rs. 420,600.
Global Market Connection
The domestic surge aligns with strengthening international gold prices, which climbed to $4,217 per ounce (inclusive of a $20 premium), marking a $19 increase according to APGJSA data.
Silver Remains Stable
In contrast to gold’s volatility, silver prices held steady throughout the trading day, maintaining their position at Rs. 5,337 per tola.
For the latest updates on precious metal prices and market trends, stay connected with Silver City.
