Gold Prices Surge Above Rs350,000 Tola Pakistan, Align With Global Rise

Gold prices in Pakistan have surged, with the per tola rate surpassing Rs. 350,000 and the price of 10 grams exceeding Rs. 300,000, reflecting an increase of Rs. 800 and Rs. 686 respectively. This rise follows a recent drop in prices and aligns with the international market trend, where gold prices increased by $8 per ounce to reach $3,282, including a $20 premium. The local bullion market showed steady silver prices, holding firm at Rs. 3,782 per tola despite gold fluctuations. Additionally, global commodity markets recorded a rise in gold futures prices, with August gold futures increasing by 0.36% to USD 3,299.5 on the COMEX exchange, while silver futures slightly decreased. These trends indicate sustained global and local demand pressures influencing gold prices and investor sentiment.