Gold price jumps by Rs 2,800 per tola in Pakistan

KARACHI: The price of gold in Pakistan saw a sharp increase of Rs 2,800 per tola on Wednesday, reaching Rs 309,300 per tola, according to the All Pakistan Gems and Jewellers Association.

Similarly, the price of 10 grams of gold rose by Rs 2,400, bringing it to Rs 265,174.

Meanwhile, in the international market, gold prices also surged, recording an increase of $27 per ounce, pushing the global rate to $2,942 per ounce.

The recent surge in gold prices is attributed to fluctuations in the global market and local economic factors.