Gold Likely to Cross Rs. 5 Lac in Pakistan Soon

Gold prices in Pakistan surged on Saturday, with 24 karat gold increasing by Rs. 5,700 to Rs. 482,936 per tola, following a rise in international gold prices. A trader from the All Pakistan Gems and Jewellers Sarafa Association (APGJSA) indicated that gold could soon surpass Rs. 500,000 again if current trends continue. This follows a Rs. 5,200 gain on Friday, bringing the international price to $4,604 per ounce. The increase in gold prices reflects ongoing market volatility and potential economic shifts, while silver prices remained stable.