KARACHI: Gold prices in Pakistan increased on Monday, July 20, in line with gains in the international bullion market as investors assessed rising geopolitical tensions in the Middle East and expectations that US interest rates could remain elevated for an extended period.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola increased by Rs300 to Rs424,536.
The price of 10 grams of 24-karat gold rose by Rs258 to Rs363,971.
In the international market, gold prices increased by $3 to $4,021 per ounce.
Silver prices also recorded an increase, with the price per tola rising by Rs107 to Rs6,177.
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