Gold Price Per Tola Today (04 May 2023)

Hi everyone! I hope you are all doing well. Welcome back to another blog. This article will discuss the topic in detail “Gold Price Per Tola Today”.  Today, gold continues to hold its value and is considered a safe haven asset for investors. The price of gold is determined by various factors such as supply and demand, economic conditions, geopolitical events, and central bank policies. In this article, we will explore the factors influencing the gold price per tola today.

Gold Price Per Tola Today
Gold Price Per Tola Today

On Wednesday, the cost of gold in Pakistan surged for the second day in a row, reaching yet another all-time high. The price of one tola of gold climbed by more than Rs. 1,500, which is a significant increase. This sudden rise in gold prices has left many individuals concerned, as it may have an impact on the country’s economy and people’s ability to purchase precious metals.

The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) recently published data revealing a significant increase in the price of gold. The cost of 24-carat gold per tola rose by Rs. 1,700 to a total of Rs. 223,000, while the cost of 10 grams of gold increased by Rs 19,119 to a total of Rs. 190,929. This price hike may have an impact on those who plan to purchase gold in the near future, as well as those who currently own gold as an investment.

During the month of March, the price of gold experienced a significant increase of more than Rs. 10,000 per tola. In the following month of April, the price continued to rise, exceeding another increase of Rs. 10,000 per tola. These sharp price hikes have drawn the attention of investors and the general public alike, as they have a significant impact on the economy and market trends.

See also  Price of Gold on 30-05-2023

Today at 1135 GMT, the price of spot gold in the international market dropped slightly by 0.06 percent to reach $2,014.97 per ounce. This came after a significant rise of over 1 percent the previous day. At the same time, the value of US gold futures also saw a slight increase of 0.1 percent, reaching $2,025.40. While the fluctuation in gold prices may be of interest to investors and traders, it is important to note that it is subject to change and affected by a variety of factors.

APSGJA’s data revealed that the price of silver has gone up by Rs. 20 per tola and Rs. 17.15 per 10 grams. As a result, the new record highs for silver are now Rs. 2,750 per tola and Rs. 2,357.68 per 10 grams. This increase in price is significant and has been closely monitored by those invested in the precious metal market.


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