The price of gold per tola in Pakistan has seen a significant drop, decreasing by PKR 7,800, according to the All Pakistan James and Jewelers Association. The current price of gold per tola is PKR 1,097,200 for the entire tola or 11.66 grams. On a per-gram basis, gold is now priced at PKR 6,684, resulting in a cost of PKR 1,697,070 for 10 grams.
Contrastingly, in the international market, the price of gold has risen by $13, reaching $1,885 per ounce. This highlights the dynamic nature of gold prices, influenced by global economic factors, currency exchange rates, supply and demand, and geopolitical events.
It’s important to note that gold holds a significant place in the global economy, and its price fluctuations have repercussions on various economic aspects, including jewelry costs, investment strategies, and trade. Gold prices in Pakistan are influenced by both international conditions and local variables, making them a subject of interest for consumers, jewelers, and investors.
