gold surges past
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Gold surges past Rs427,000 mark

Gold prices moved higher in Pakistan on Thursday, tracking gains in the international bullion market.

According to the latest market rates, the price of 24-karat gold per tola increased by Rs1,000, reaching Rs427,436. Meanwhile, the price of 10 grams of gold rose by Rs857 to Rs366,457.

The upward trend followed a rise in global gold prices, where the precious metal gained $10 to trade at $4,050 per ounce, including the prevailing premium.

In contrast, silver prices declined in the local market. The price of silver per tola fell by Rs76, settling at Rs6,215.

Bullion traders said fluctuations in international prices continue to influence domestic gold rates, with local prices largely reflecting movements in the global market.

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