Gold price increases by Rs7,500, reaches to Rs489,362 per tola in Pakistan

Karachi (Web Desk): Gold prices across Pakistan have witnessed a notable surge once again. According to sources from the bullion market, the price of gold per tola has risen by Rs7,500, reaching Rs489,362 per tola.

Similarly, the price of gold per 10 grams has also increased by Rs6,431, with the new price now standing at Rs419,549.

Experts suggest that fluctuations in global gold prices, the depreciation of the Pakistani rupee against the dollar, and ongoing economic uncertainty are contributing factors to the rise in local gold prices.

Traders from the bullion market have stated that if global trends remain the same, further increases in gold prices can be expected in the coming days.