Gold is being sold for Rs 77,80 per 10 grams today, and Rs 90,800 per tola in Pakistan.
Gold prices in Pakistan are the same in all the cities today.
Gold prices increased a lot in Pakistan in a few days. The price remained Rs 89,500 per tola till 17th January.
However, the prices of Silver in Pakistan remain Rs 897 per 10 grams and Rs1, 045 per tola today.
In the mid-1550s, Gold used to remain subdued all through declining demand for safe-haven assets
Currently, the gold price is trading at $1,551.20. In a risk-on environment, it even traveled as a high of $1,558.09 to a low of $1,548.16. The safe-haven assets demand has withdrawn as the accelerating international growth forecasts on the base of the US-China trade deal that supports appetite risk, having raised benchmarks of the US. However, as per the latest high records at the time of writing the rise of 0.6% is seen in the S&P 500 subsequently.
Valuable Metals are all set to Go Up in Price.
The safe-haven buying was started due to the tensions between Iran and the US. Thereby, the precious metal price would continue to rise.
For Gold, 100 PKR raise had witnessed in the local market. In spite of Rs 89,400 per tola, it was traded as Rs 89,500 on the last trading day.
However, the silver price per tola was decreased by Rs 40. Instead of Rs 1070, it was traded for Rs 1030.