The price of gold in Pakistan has risen by Rs11,700 per tola, reaching Rs519,462. This increase reflects ongoing changes in the local and international markets affecting precious metal values.
The rise in gold prices may impact investors, jewelers, and consumers who trade or purchase gold in the country.
**Why this matters**
Gold is a significant asset for many individuals and businesses in Pakistan, often seen as a store of value and a hedge against inflation. Changes in its price can influence economic decisions, savings, and investment strategies across the market.
Source: NewsData