KARACHI — Gold prices in Pakistan continued their upward trend on February 22, with rates rising sharply for the third consecutive day. Over the past three days, the price of gold has increased by Rs 17,500, according to market data released by local bullion dealers.
On Sunday, the price of gold per tola climbed by Rs 7,100 to reach Rs 533,562. The rate for 10 grams also increased by Rs 6,087, bringing it to Rs 457,443.
Internationally, gold prices moved higher as well. In the global market, bullion gained $71 per ounce, reaching $5,108, reflecting continued strength in international trading.
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Silver prices in Pakistan followed the same trajectory. The price of silver per tola rose by Rs 374 to Rs 8,948, mirroring the broader increase in precious metal rates.
The sustained rise in gold and silver prices affects jewellery buyers, investors and traders, particularly as domestic rates are closely linked to movements in the international bullion market and currency fluctuations.
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