Gold price rises by Rs3,200 per tola in Pakistan

After a massive hike of Rs9,200 on Monday, the gold price is set for another hike of Rs3,200 per tola in Pakistan on Tuesday.

According to All Pakistan gems and jwellers, the price of 24-karat gold reaches Rs 467,962 per tola, while 10-gram gold rises by Rs 2,743, settling at Rs 401,201.

Meanwhile, the price of silver also increased by Rs 338 per tola, reaching to Rs 8,361.

On the international level, gold gains $32 in the global market, reaching $4,456 per ounce.

Analysts attribute fluctuations in gold prices to movements in the global bullion market, changes in investor sentiment, and international economic trends.