Hi everyone! I hope you are all doing well. Welcome back to another blog. This article will discuss the topic in detail “Increase in Gold Price”. On Friday, there was a significant rise in the price of gold in Pakistan, following unexpected declines earlier in the week.
The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) has released data showing that the price of 24-carat gold has risen by Rs. 4,000 per tola, reaching Rs. 233,000. Additionally, the price of 10 grams has increased by Rs. 3,429, closing at Rs. 199,760.
According to the latest data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-carat gold has experienced a significant increase. The price has surged by a substantial amount of Rs. 4,000 per tola, bringing it to a noteworthy value of Rs. 233,000.
This upward trend in gold prices is noteworthy and indicates a substantial shift in the market. Additionally, the price of 10 grams of gold has also witnessed a notable rise, with an increase of Rs. 3,429, reaching a closing price of Rs. 199,760. These developments in the gold market reflect a growing demand and potential changes in the global economy.
Today, the price of gold has increased, reducing its losses to Rs. 3,200 per tola for the week. In the global market, the price of spot gold rose by 0.1 percent to reach $1,978.77 per ounce at 12:06 GMT. The price of US gold futures remained unchanged at $1,996.00.
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