Per tola gold price reaches Rs273,400 in Pakistan

Gold prices in Pakistan remained stable on Monday, maintaining consistency with global trends.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola remained at Rs273,400, while the price for 10 grams held steady at Rs234,396.

This comes after a Rs2,100 increase per tola on Saturday.

On the international market, gold prices also stayed at $2,622 per ounce, with a $20 premium. Silver prices remained unchanged at Rs3,350 per tola.

The Pakistan Stock Exchange (PSX) experienced a significant rally on Monday, with the benchmark KSE-100 Index rising by 4,411.27 points, closing at 113,924.41 points, a gain of 4.03%. This marks the second-largest single-day increase in the history of the index in terms of points.

Earlier, PSX witnessed significant volatility during the week, with a large decline in shares due to various factors, including profit-taking, policy changes, and economic indicators.