Overview
- The All-Pakistan Gems and Jewellers Sarafa Association reported a Rs2,100 daily increase to Rs409,878 per tola and a Rs1,801 rise to Rs351,404 for 10 grams on October 4.
- International spot bullion was quoted near $3,886 per ounce, up about $21 on the day, with APGJSA noting a $20 premium.
- Over the past week, Pakistan’s per-tola price climbed roughly Rs12,178 as global gold advanced by about $127 per ounce.
- Silver also gained, with the per-tola rate rising by Rs57 to Rs4,896, according to local market reporting.
- Year to date, gold has risen about 44% to near $3,895 per ounce, a move analysts link to sustained central-bank buying, a weaker dollar, and strong ETF inflows.