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Gold prices in Pakistan experienced a modest decline of Rs700, settling at Rs275,000 per tola. However, this dip was short-lived, as prices rebounded sharply the following day, reflecting trends in the global market.
On Wednesday, gold surged by Rs2,200 to reach an all-time high of Rs277,200 per tola, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
This surge followed a rise in international gold prices, which increased to $2,675 per ounce, driven by easing US Treasury yields and anticipation of key economic data from the United States. The international market also saw a $22 increase in gold prices during the day.
