In the last few weeks on daily basis the rise and fall in gold prices has been witnessed. At one time it touched almost Rs 188 500 per tola . The latest price after periodical rise and fall, the Gold per tola in Pakistan became expensive again today by thousands of rupees. According to the details, the price of gold per tola in the country has increased by 2100 rupees today.
In this regard, All Pakistan
Sarafa Gems and Jewelers Association said that after this increase, the price
of gold per tola in the country has become 1 lakh 86 thousand 500 rupees.
Similarly, the price of 10 grams of gold also increased by 1801 rupees and the
price of 10 grams of gold became 1 lakh 59 thousand 894 rupees while the rate
of gold in the international gold market increased by 6 dollars to 1 thousand
915 dollars per ounce.
A report has revealed
that the year 2022 saw an extraordinary increase in the price of gold.
Generally, the price of gold in the local market increases or decreases under
the influence of the global market, but last year, the overall price of gold in
the global market increased. Despite this, there was a significant increase in
the price of gold locally, the recent increase in the price of gold in Pakistan
was attributed to the appreciation of the US dollar against the Pakistani
rupee.
The data of Saraf Jewelers Association shows that at the beginning of the year 2022, the price of gold per tola in the country was Rs. An increase of 58 thousand 100 rupees was recorded in the price of gold per tola throughout the year. Compared to this, the price of gold per ounce in the world market at the beginning of the year was 1820 dollars, which at the end of the year was 1818 dollars, that is, throughout the year. Gold price fell by $2 per ounce.
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