The rate of 10 grams of 24-carat gold experienced a notable surge of Rs 4,030, bringing it to Rs 269,204. Similarly, the price of 22-carat gold rose by Rs 3,694, with the new price reaching Rs 246,779 for the same quantity making it the highest gold rate.
On the global front, gold continued its upward momentum, increasing by $46 to hit $2,988 per ounce. Market analysts attribute this trend to growing concerns about inflation and a surge in gold acquisitions by central banks, which have increased overall demand.
Silver prices followed suit, showing a considerable uptick. The rate for 24-carat silver per tola climbed by Rs 90 to Rs 3,530, while the 10-gram rate rose by Rs 77 to Rs 3,026. Internationally, silver gained $0.86, reaching $33.86 per ounce.
According to experts, persistent global economic instability and volatile currency markets are major contributors to the ongoing increase in gold prices. With demand expected to stay high, additional price hikes in the near future remain a strong possibility. It’s the highest price of gold in the history of Pakistan.
| 24K – 1 Tola Gold Rate in Lahore | 24K (10 Gram) Gold Price in Lahore | 24K Lahore Gold Rate 1 Gram |
| Rs. 400350.00 | Rs. 343241.5 | Rs. 34324.15 |