Gold Rates in Pakistan have reached the highest level in history. The prices are going up because of changes in the global market.
The All Pakistan Sarafa Gems and Jewellers Association shared the new prices. The cost of 24-carat gold per tola increased by Rs 8,100. It is now Rs 357,800. Also, the price of 10 grams of gold rose by Rs 6,366, making it Rs 281,202.
Gold rates are also rising in the international market. The global price of gold per ounce went up by $69 and reached $3,395. In Pakistan, silver prices have also gone up. The price of one tola of 24-carat silver increased by Rs 24 and is now Rs 3,441. Similarly, the price of 10 grams of silver went up by Rs 21, making it Rs 2,950. The global silver price also rose by $0.22 and is now $32.77.
Experts say that people are buying more gold because they feel unsure about the economy. During times of economic trouble, many people like to buy gold and silver because they are safe ways to keep their money.
This rise in gold and silver prices will likely affect the local market. Experts are advising people to be careful and stay updated, as global events and economic changes continue to affect the prices of gold and silver.
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