Gold Prices Rebound in Pakistan and Global Market, Cross Rs339,000 per Tola

After a brief decline, gold prices rebounded sharply on Tuesday, as both local and international markets saw fresh gains. The price of 24-karat gold in Pakistan rose by Rs600, reaching Rs339,400 per tola.

Dealers reported that 10 grams of 24-karat gold also surged by Rs514, now trading at Rs290,980, while 22-karat gold reached Rs266,741 for the same weight.

In addition to the rise in gold, the price of silver also held strong, with 24-karat silver per tola standing at Rs3,397.

On the global front, the price of gold increased by $6, bringing the international rate to $3,224 per ounce.

This upward movement is attributed to investor interest amidst ongoing global uncertainties, which continue to drive people towards safe-haven assets like gold.